Microsoft’s Big Win Against the FTC
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 12 July 2023
⏱️ 16 minutes
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| 0:00.0 | Activision Blizzard is the publisher of some of the most popular video games in the world. |
| 0:11.0 | There's Candy Crush, a mobile game where you match candies to earn points. |
| 0:17.8 | There's also World of Warcraft, a multiplayer online game where users roleplay as creatures |
| 0:24.0 | like elves or trolls. |
| 0:25.8 | Scour the island for any sign of the expedition. |
| 0:29.2 | And then there's Activision's Crown Jewel, Call of Duty. |
| 0:32.8 | It's the first person shooter video game series, and it's hugely popular. |
| 0:43.4 | These titles are super lucrative, which is why Activision wound up on the radar of a tech |
| 0:48.3 | giant, Microsoft. |
| 0:51.9 | Microsoft is the maker of one of the best selling video game consoles, Xbox. |
| 0:57.1 | And it wants to add Activision's games to its portfolio. |
| 1:01.0 | Last year, Microsoft made a bid to acquire Activision. |
| 1:04.7 | Here's our colleague, Yan Wolfe. |
| 1:07.1 | You're taking one of the main console makers and pairing it, or at least attempting to |
| 1:11.4 | pair it, with the maker of the most popular video games. |
| 1:15.2 | So this deal is going to really shape the video gaming market, and with 3 billion gamers |
| 1:19.8 | worldwide, that's a huge market. |
| 1:23.4 | This deal has been valued at about $70 billion, making one of the biggest emanate deals |
| 1:27.3 | ever. |
| 1:28.3 | It's a controversial move, and the Federal Trade Commission has been trying to block |
| 1:32.7 | the deal in court, saying it could give Microsoft too much power in the gaming industry. |
| 1:38.9 | But this week, a federal judge ruled in favor of Microsoft, clearing a major hurdle for |
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