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FTC sues to block Microsoft-Activision Blizzard $69B merger

Por: WPLG Local 10 Tech December 09, 2022

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The Federal Trade Commission on Thursday sued to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress and its growing games subscription business.The FTC’s challenge could be a test case for President Joe Biden’s mandate to scrutinize big tech mergers. The commission voted 3-1 to issue the complaint after a closed-door meeting, with the three Democratic commissioners voting in... + full article



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