FTC Files to Block Microsoft From Closing Activision Deal
- Agency sued over merger before in-house court in December
- Filing seeks pause till resolution of August FTC trial
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The Federal Trade Commission sued Microsoft Corp. in federal court Monday to block the company from closing its $69 billion acquisition of Activision Blizzard Inc.
In a filing in California federal court, the FTC sought a court order blocking the transaction from going through before the deal’s July 18 deadline, asking for the agency’s in-house court to have a chance to review.