Microsoft’s $75 billion acquisition of Activision Blizzard cleared its final U.S. regulatory hurdle as the FTC dropped its challenge, capping a nearly two-year legal battle.

This is the end of the FTC’s fight to block a $68.7 billion deal that saw Microsoft purchase Activision Blizzard. The deal closed in 2023.

To appease regulator concerns, Microsoft carved out deals to bring Xbox games to non-Xbox streaming platforms and also continue to release games on non-Xbox platforms. Microsoft is indeed doing that, and for April 2025 in the US, five out of the top seven best-selling PS5 games were published by Xbox.