The Federal Trade Commission sought a restraining order to block Microsoft from closing its $69 billion purchase of the gaming company Activision Blizzard, the latest regulatory hurdle for the largest deal in the tech company’s history. The agency filed the request in Northern California District Court. The move brought the federal government and Microsoft’s months-long battle over the deal to federal court; the FTC last year filed a lawsuit challenging the deal through its own internal administrative process.
Read the article: The Washington Post
