FTC Sues to Block Microsoft's $69 Billion Acquisition of Activision Blizzard

The Federal Trade Commission, in one of the most aggressive actions taken by federal regulators in decades to check the power of the tech industry’s giants, sued to block Microsoft’s $69 billion acquisition of the video game maker Activision Blizzard. The FTC said that the deal would harm consumers because Microsoft could use Activision’s blockbuster games like Call of Duty to lure gamers from rivals.