FTC abandons Biden-era effort to block Microsoft's acquisition of Activision Blizzard
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard. In an order issued Thursday, the FTC said it had determined that “the public interest is best served by dismissing the administrative litigation in this case.” Earlier Thursday, the FTC said it was dismissing a lawsuit against PepsiCo that was filed by the Democratic-controlled FTC in January.
Associated Press Finance
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