Game over? FTC sues to block Microsoft’s $69 billion Activision Blizzard takeover

The Federal Trade Commission said Thursday that it is filing suit in an attempt to block Microsoft’s proposed $69 billion acquisition of game developer Activision Blizzard, on the grounds that it would suppress competition. The FTC said that the proposed deal could possibly change Activision’s existing strategy of supplying games to rival consoles, harming competition. “With control over Activision’s blockbuster franchises, Microsoft would have both the means and motive to harm competition by manipulating Activision’s pricing, degrading Activision’s game quality or player experience on rival c...