Microsoft Activision Deal: US FTC Sues to Block $69 Billion Takeover Deal Over Competition Concerns
In a move that has sent shockwaves through the gaming industry, the Biden administration has stepped in to block Microsoft’s proposed acquisition of Activision Blizzard. Valued at a staggering $69 billion, this deal would have allowed Microsoft to expand its arsenal of popular games and compete with industry giants like Tencent and Sony. However, the …