Microsoft wins FTC fight to buy Activision Blizzard
https://www.theverge.com/2023/7/11/23779039/microsoft-activision-blizzard-ftc-trial-win
From the article, quoting Judge Corley:
… the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.
Like @Lockely@pawb.social mentions, they did intend to clean house by dropping the board with a buyout.
I, personally, am not too bothered by the consolidation of game studios. There are plenty of AAA game developers and indie devs are filling other niches (and sometimes become AAA themselves). It’s a different industry from something like making cars with high production costs and huge barriers to entry.