FTC likely to file lawsuit to block Microsoft’s $69 billion bid for Activision – Politico

(Reuters) – The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp (NASDAQ:)’s $69 billion takeover bid for video game publisher Activision Blizzard Inc (NASDAQ:), Politico reported on Wednesday, citing three people with knowledge of the matter.

The FTC, Microsoft and Activision did not immediately respond to requests for comment from Reuters.

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