xbox Activision Blizzard

Xbox's monumental acquisition of Activision Blizzard is the biggest of its kind in the gaming industry. It's had multiple hurdles to jump over to get closer to actually happening, but one of the most noteworthy might be about to pass.

According to a report by the financial analysts over at Seeking Alpha, Microsoft has submitted all of the acquisition's relevant information to the FTC, America's Federal Trade Commission. Apparently, this happened "several weeks ago" and we're now waiting on the FTC's response.

As per the FTC's guidance page, once both parties (in this case Microsoft and Activision Blizzard) have handed over all of the FTC's requests, there's a 30 day wait for the merger to move forward to its next stage.

"For most transactions requiring a filing, both buyer and seller must file forms and provide data about the industry and their own businesses. Once the filing is complete, the parties must wait 30 days (15 days in the case of a cash tender offer or a bankruptcy) or until the agencies grant early termination of the waiting period before they can consummate the deal."

If the FTC has no issues with the information provided by both the seller and the buyer, then the deal could potentially be approved once the 30 day window closes! If not, then we may have to wait a little longer for the two companies, along with the FTC, to figure out what happens next.

Of course, there are other government bodies looking at this deal as well, notably the UK's Competition and Markets Authority, but given that both companies are US-based, FTC approval is seen as the most important of all.

When the deal does eventually go through and clear all hurdles, Xbox will be keen to bolster its Game Pass service as soon as possible. The company is expected to add as many Activision Blizzard games to the library as it can, barring any existing deals with PlayStation of course.

What are you most excited to play once Xbox merges with Activision Blizzard? Let us know below!

[source, via]