Microsoft is facing another hurdle in closing a $70 billion deal to buy Activision Blizzard: a new FTC lawsuit
could be stopped in its tracks after a US federal regulator sued Monday to stop the tie-up.
to block the merger, but that matter was to be heard by the US agency's in-house judge in a trial set to start on Aug. 2. That administrative process doesn't actually preclude the parties from closing the deal. This suit, filed in federal court in San Francisco, seeks to stop the deal from closing.
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