A year and a half after Microsoft's colossal $69 billion acquisition of Activision Blizzard for Xbox closed, a U.S. court has struck down an appeal from the FTC to challenge the deal.

Microsoft has secured another victory over the Federal Trade Commission (FTC) in its quest to secure Activision Blizzard.

Microsoft Corp. (MSFT) bagged a win on Wednesday against the U.S. Federal Trade Commission’s (FTC) appeal challenging the Windows maker’s acquisition of video game developer Activision Blizzard. Microsoft’s stock was down 0.