FTC, Not Justice Department, to Review Microsoft's Activision Acquisition

The U.S. antitrust review of Microsoft Corp's $68.7 billion proposed acquisition of "Call of Duty" maker Activision Blizzard Inc. will be handled by the Federal Trade Commission (FTC), Bloomberg News reported, citing a person familiar with the matter. The FTC, instead of the Justice Department, will investigate whether the takeover will harm competition, the report said.