Official from US Federal Trade Commission (FTC) Retracts Lawsuit Attempting to Halt Microsoft-Activision $69 Billion Acquisition
The US Federal Trade Commission official withdrew their case against Microsoft’s $69 billion acquisition of Activision, a game-maker, on Thursday. The agency had pursued this case through two approaches: district court and an in-house judge. However, both avenues did not favor the agency. The withdrawal of the case before the administrative law judge has now …