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US sues to block Microsoft buyout of gaming giant Activision

AFP TECH
Published December 08,2022
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The US Federal Trade Commission on Thursday sued to block Microsoft's $69 billion buyout of gaming giant Activision Blizzard, maker of the blockbuster "Call of Duty" title, over concerns that it would stifle competition.

"Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets," said Holly Vedova, director of the FTC's Bureau of Competition.