US to launch probe into $69 billion Microsoft-Activision deal

The US Federal Trade Commission (FTC) will be reviewing Microsoft's acquisition of games publisher Activision Blizzard, according to a report from Politico. The deal is valued at $68.7 billion.<br><br>Microsoft announced plans to acquire Activision Blizzard in January, and since then, there have been concerns about the potential impact on competitors. Activision Blizzard is the maker of Call of Duty, World of Warcraft, Overwatch, and other popular games.<br><br>Sources familiar with the case told Politico that the FTC would lead the antitrust review rather than the US Department of Justice, as the agency typically handles reviews of tech-related mergers.