FTC likely to file lawsuit to block Microsoft bid for Activision -Politico

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:The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico reported on Wednesday, citing people familiar with the matter.A lawsuit challenging the deal is not guaranteed, and the

:The U.S. Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico reported on Wednesday, citing people familiar with the matter.

Microsoft is betting on the acquisition to help it compete better with videogame leaders Tencent and Sony. The deal has drawn criticism from Sony, maker of the Playstation console, citing Microsoft's control of games like"Call of Duty."

 

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FTC likely to file lawsuit to block Microsoft's $69 billion bid for Activision - Politico:The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico reported on Wednesday.A lawsuit challenging the deal is not guaranteed, and the FTC's four commissioners have yet to vot
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