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FTC Sues to Block Microsoft’s $69 Billion Activision Acquisition

By
Aaron Holmes
· · Source: The Information

The Federal Trade Commission sued Microsoft on Thursday to block the company’s $69 billion acquisition of Activision, voicing concerns that Microsoft would withhold Activision’s popular game catalog from rivals. The move reflects one of the most aggressive steps to date taken by FTC Chair Lina Khan to rein in the power of the biggest tech companies, even at the risk of losing in court. Her agency...

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