Summary:
- Microsoft's acquisition of Activision Blizzard, one of the largest video game companies, has been cleared by the Federal Trade Commission (FTC) after a lengthy investigation.
- This deal, worth $68.7 billion, will allow Microsoft to expand its gaming portfolio and strengthen its position in the video game industry.
- The FTC's decision to drop its probe means that the acquisition can now move forward, paving the way for Microsoft to integrate Activision Blizzard's popular game franchises, such as Call of Duty, into its Xbox and Game Pass offerings.