The FTC has just lost its case to block Microsoft's Activision Blizzard purchase, and company executives are already out there on the internet, reacting to the news and providing statements on the matter.
One of those execs is Xbox boss Phil Spencer, who has released a multi-post Twitter thread speaking about his gratefulness towards the court's speedy decision. We've gathered all three parts of Phil's post in the quote down below:
"We're grateful to the court for swiftly deciding in our favor. The evidence showed the Activision Blizzard deal is good for the industry and the FTC’s claims about console switching, multi-game subscription services, and cloud don’t reflect the realities of the gaming market.
Since we first announced this deal, our commitment to bringing more games to more people on more devices has only grown. We’ve signed multiple agreements to make Activision Blizzard’s games, Xbox first party games and Game Pass all available to more players than they are today.
We know that players around the world have been watching this case closely and I’m proud of our efforts to expand player access and choice throughout this journey."
This decision against the FTC certainly feels like we're moving one step closer to Xbox's ActiBlizz purchase actually going through, but it's not a done deal for now. The UK CMA has blocked the merger — a decision that is still being fought against by Microsoft — while Xbox still has to move to get the deal passed in the U.S. following this whole FTC saga. Let's see what happens next!