U.S. seeks to stop Microsoft's $69 billion bid for games maker Activision

December 08, 2022 11:29 AM PST | By Reuters
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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)


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