Tag Archives: Federal Trade Commission
FTC Sues To Block Microsoft-Activision Blizzard $69 Billion Merger – Heemang Parmar
[ad_1] The Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. The FTC voted 3-1 to issue the complaint after a closed-door meeting, with the three Democratic…