What happens to Microsoft and Activision Blizzard post-FTC?

Judge Jacqueline Scott Corley has issued her ruling in the case of the Federal Trade Commission’s temporary injunction against Microsoft’s acquisition of Activision Blizzard. She ruled against the injunction, which dissolves on July 14. This begs the question: What will happen for both Activision Blizzard (and the FTC) in the immediate aftermath?

Xbox head Phil Spencer and Microsoft president Brad Smith both expressed their approval of the decision. Spencer said in a tweet, “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.”