The FTC says the $69 billion merger would be a huge consolidation of industry power.In this photo illustration, the logos of Microsoft and Activision Blizzard are displayed on January 18, 2022.Hakan Nural / Anadolu Agency via Getty Images In one of the most aggressive antitrust moves taken against Big Tech in recent history, the Federal Trade Commission (FTC) announced on Thursday that it is moving to block Microsoft's $69 billion acquisition of video games company Activision Blizzard.
#investigation #competition #getty-images #president-joe-biden #press-release #competitors #acquisition #past-decade #enforcement #business-community
[
add
]
[
|
|
...
]