FTC sues Microsoft to stop $68.7 billion acquisition of Call of Duty developer
Christopher Hutton
The Federal Trade Commission filed a lawsuit to stop Microsoft from acquiring the developer of Call of Duty, the most significant attempt yet by the Lina Khan-led agency to hold up tech mergers.
The lawsuit was filed on Wednesday in an attempt to block Microsoft’s acquisition of Activison-Blizzard for $68.7 billion. The two companies had agreed to the purchase in January 2022, and it is one of the largest acquisitions in tech and gaming history.
The story is developing and will be updated later.