Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC

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Jun 12, 2023

The US Federal Trade Commission will file an injunction blocking Microsoft’s acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, but British competition authorities…