FTC To Review Microsoft's $68.7B Deal To Buy Activision Blizzard

The US Federal Trade Commission will undertake an antitrust review of Microsoft's proposed acquisition of scandal-plagued video game giant Activision Blizzard, reported Bloomberg on Monday. CNET: Microsoft last month announced plans to buy Activision Blizzard in an all-cash deal valued at $68.7 billion. The deal, expected to close within the next 18 months, would make Microsoft the world's third-largest video game maker and give it control of popular franchises including the war simulation series Call of Duty and the fantasy behemoth World of Warcraft. The FTC will reportedly oversee the review instead of the Justice Department, which also has authority over antitrust enforcement. It review will look at whether combining Microsoft, which makes Xbox consoles, and Activision Blizzard could harm competition by limiting rivals' access to major games, according to Bloomberg.

Read more of this story at Slashdot.