US FTC Reportedly Blocks Microsoft-Activision Blizzard Acquisition Deal

US FTC Reportedly Blocks Microsoft-Activision Blizzard Acquisition Deal

In an expected court filing on Monday, a source revealed that the US Federal Trade Commission (FTC) plans to file an injunction against Microsoft’s acquisition of Activision Blizzard. The American software behemoth has ambitions to acquire the famous Call of Duty videogame maker in a deal worth a staggering $69 billion (nearly Rs. 5,68,800 crore). …

Read more