US FTC Revives Microsoft-Activision Deal Challenge
- FTC revives in-house challenge to $69 billion gaming deal
- Administrative hearing unlikely to derail deal from closing
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The US Federal Trade Commission is continuing its challenge of Microsoft Corp.’s $69 billion acquisition of video game company Activision Blizzard Inc., in yet another attempt to fight the deal even after it closes.
The FTC will move forward with its in-house trial against the acquisition after pausing that process over the summer, according to an order the agency issued Wednesday. The move means the FTC can technically continue to challenge the deal even after it closes but won’t likely derail it from going through by Oct. 18.