🇺🇸🎮⚖️ U.S. Appeals Court Rejects FTC Challenge To Microsoft’s $69B Activision Deal 🔹 Summary: A federal appeals court has dismissed the FTC’s legal challenge against Microsoft’s $69 billion acquisition of Activision Blizzard, upholding a lower court’s refusal to block the deal. The ruling cements Microsoft’s 2023 takeover of the Call of Duty maker, marking one of the largest gaming industry mergers in history. 🔹 Key Points: • The 9th U.S. Circuit Court of Appeals ruled the FTC was not entitled to a preliminary injunction. • Microsoft’s $69B Activision deal officially closed in 2023 despite regulatory challenges. • The decision reinforces Microsoft’s gaming dominance, alongside Xbox and Game Pass. • The FTC’s challenge focused on antitrust concerns but failed to halt the merger. • The deal remains one of the most transformative moves in the global gaming market. @CMEActiveTrader Tickers Of Interest: $NQ $ES $ZN Tickers Of Interest: $MSFT $ATVI $USD $NVDA $AMD $SONY $EA $TTWO $META $GOOGL $AAPL