Supreme Court Rejects Last-Minute Bid to Block Microsoft’s Activision Blizzard Takeover

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Supreme Court Rejects Last-Minute Bid to Block Microsoft’s Activision Blizzard Takeover
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The Supreme Court rejected an 11th-hour bid to stop Microsoft’s $69 billion acquisition of Activision Blizzard.

On Monday, the group of gamers asked the Supreme Court to block the deal, asserting that Microsoft’s resulting power in the game industry would result in consumer harms.

On Sunday, Microsoft announced a binding deal with Sony that will keep Activision’s “Call of Duty” on PlayStation platforms for 10 years following Microsoft’s acquisition of the games company.

Microsoft and Activision Blizzard are not likely to close the deal by the merger agreement’s original July 18, 2023, deadline as they look to secure final regulatory approval in the U.K., Bloomberg

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