WASHINGTON (Reuters) - The U.S. Federal Trade Commission filed a complaint on Thursday aimed at stopping tech giant Microsoft from buying "Call of Duty" games maker Activision in a $69 billion deal.
Microsoft, which owns the Xbox, said in January 2022 that it would buy Activision for $68.7 billion in the biggest gaming industry deal in history.
Microsoft President Brad Smith said they would fight the FTC in court. "While we believed in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present our case in court," he said.
(Reporting by Diane Bartz; Editing by Mark Porter and Nick Zieminski)