US federal court denies FTC’s request to block $69 Microsoft-Activision deal.

In an unexpected twist. A US federal court has declined the FTC’s request to halt Microsofts $69 billion acquisition of Activision Blizzard.

This court ruling follows a previous favorable ruling in Microsofts’ favor by a federal judge.

FTC promptly filed an appeal, to which Microsoft declared its intent to fiercely contest.