FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal

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The US Federal Trade Commission (FTC) has dropped its attempt to block Microsoft’s $69 billion acquisition of Activision Blizzard, the maker of “Call of Duty.” The FTC stated that continuing the legal battle against the already-completed deal was not in the public’s best interest.

This decision comes as FTC Chairman Andrew Ferguson redirects the agency’s resources towards cases aligning with President Donald Trump’s agenda. Reuters reported that one such case involves investigating potential collusion among advertisers to reduce spending on social media platform X. This shift in focus signals a change in priorities under Ferguson’s leadership, moving away from pursuing antitrust concerns related to the Microsoft-Activision merger and towards investigations more closely aligned with the Trump administration’s objectives.



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FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal



The US Federal Trade Commission (FTC) has dropped its attempt to block Microsoft’s $69 billion acquisition of Activision Blizzard, the maker of “Call of Duty.” The FTC stated that continuing the legal battle against the already-completed deal was not in the public’s best interest.

This decision comes as FTC Chairman Andrew Ferguson redirects the agency’s resources towards cases aligning with President Donald Trump’s agenda. Reuters reported that one such case involves investigating potential collusion among advertisers to reduce spending on social media platform X. This shift in focus signals a change in priorities under Ferguson’s leadership, moving away from pursuing antitrust concerns related to the Microsoft-Activision merger and towards investigations more closely aligned with the Trump administration’s objectives.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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