This is just a day before the deal’s deadline of July 18.
Another tech company, The Trade Desk, will replace Activision Blizzard on the stock exchange.
Judge Jacqueline Scott Corley ruled in favor of Microsoft, denying the FTC’s request for a preliminary injunction.
According to the ruling, the agency failed to provide sufficient evidence of potential anti-competitive effects.
Both Microsoft and Activision have expressed disappointment in FTCs decision to file the appeal.
The development is a clear indicator that Microsoft is confident that the deal will go through before the deadline.
The Temporary Restraining Order (TRO) preventing Microsoft from finalizing the deal will expire on July 13.
Evans I. Karanja is a freelance writer who loves to write about anything technology.
When not writing, he can be found playing video games or watching F1.
