FTC appeal denied while the UK gives Microsoft more time to close Activision Blizzard deal

The Federal Trade Commission (FTC) has been denied its appeal of a federal judge's ruling that allows Microsoft to acquire Activision Blizzard.

This is a major victory for Microsoft, bringing the company one step closer to becoming a gaming giant.

The FTC filed its appeal yesterday, hoping to stop the deal from closing by its deadline, July 18.

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