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    FTC sues to block the $69 billion Microsoft-Activision Blizzard merger

    The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.
    by The Associated Press Dec 08, 2022 2 minutes
    Updated December 8, 2022 at 3:06 PM ET

    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 commissioners

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