The trial court did not abuse its discretion in denying the FTC an injunction under Clayton Act section 7 against consummation of the merger between Microsoft and Activision. The FTC did not present adequate evidence to show that the merger would lessen competition in (1) the market for gaming consoles by releasing programming for popular Activision games that would run only on Microsoft Xbox or would release only an inferior version that could run on Sony’s rival PlayStation. The merger didn’t threaten competition in the library subscription services market. Activision had long opposed putting its content on library subscription services, so the merger by continuing that policy after the merger would not lessen any existing competition. Similarly, the FTC didn’t show that the merger would substantially lessen competition in the cloud-streaming market since the FTC failed to show that absent the merger Activision would have made its software available in that market.