FTC 'likely' to file antitrust lawsuit to block Microsoft’s acquisition of Activision Blizzard

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The Federal Trade Commission in the United States is reportedly 'likely' to try and block Microsoft's acquisition of Activision Blizzard.

Microsoft’s acquisition of Activision Blizzard could be heading to court., the United States Federal Trade Commission is “likely” to file an antitrust lawsuit in order to block Microsoft’s acquisition of Activision Blizzard. The company, which announced the $69 billion purchase of the gaming behemoth earlier this year, could be facing a court battle to get the acquisition to go through, according to three people familiar with the matter.

A lawsuit challenging the deal is not guaranteed, and the FTC’s four commissioners have yet to vote out a complaint or meet with lawyers for the companies, two of the people said. However, the FTC staff reviewing the deal are skeptical of the companies’ arguments, those people said.

 

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