Federal Trade Commission is likely to file an antritust action that would seek to block the $69B purchase of Activision Blizzard (ATVI) by Microsoft (MSFT), Politico’s Josh Sisco reports, citing three people familiar with the matter. The report indicates that while a lawsuit is not guaranteed as several FTC commissioners have yet to meet with lawyers for the companies, the FTC staff reviewing the deal is skeptical of the companies’ arguments why the deal should proceed.Reference Link
Published first on TheFly
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