The Federal Trade Commission (FTC) has withdrawn its appeal regarding Microsoft's acquisition of Activision Blizzard, stating that the "public interest is best served" by terminating the case. Microsoft’s vice chair and president, Brad Smith, expressed enthusiasm for the ruling, calling it a "victory for players" and thanking the FTC. This dismissal follows the FTC's unsuccessful attempt to impose an injunction against the acquisition, where Judge Daniel P. Collins noted that the FTC did not present a compelling case to show a significant likelihood of success in its claims and raised no serious questions about the merger's impact on competition.