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Microsoft bid for Activision likely to be blocked by FTC lawsuit: report

Added 11-25-22 02:04:01am EST - “Microsoft's proposed $69 billion takeover of Activision Blizzard could reportedly be blocked by an FTC lawsuit.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Microsoft bid for Activision likely to be blocked by FTC lawsuit: report”. Below is an excerpt from the article.

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Microsoft's bid to acquire the video game publisher Activision Blizzard reportedly could face a major roadblock as early as next month.

The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block the $69 billion takeover, according to Politico, citing 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.

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