FTC To Review Microsoft’s $68.7B Deal , To Buy Activision Blizzard.<br />FTC To Review Microsoft’s $68.7B Deal , To Buy Activision Blizzard.<br />In January, Microsoft announced the all-cash deal that would make it the third-largest video game maker in the world.<br />In January, Microsoft announced the all-cash deal that would make it the third-largest video game maker in the world.<br />The agreement would also put the company <br />in charge of popular franchises such as <br />'Call of Duty' and 'World of Warcraft.'.<br />The agreement would also put the company <br />in charge of popular franchises such as <br />'Call of Duty' and 'World of Warcraft.'.<br />CNET reports the deal is expected to close <br />within the next year and a half.<br />But on Jan. 31, 'Bloomberg' reported that the <br />U.S. Federal Trade Commission (FTC) will perform <br />an antitrust review of the impending acquisition.<br />The agency will reportedly seek to determine whether Xbox-maker Microsoft's purchase of Activision Blizzard would hurt competition by inhibiting rivals' access to games.<br />The agency will reportedly seek to determine whether Xbox-maker Microsoft's purchase of Activision Blizzard would hurt competition by inhibiting rivals' access to games.<br />CNET reports that in January, the antitrust divisions of the FTC and DOJ announced they would restructure guidance for mergers.<br />CNET reports that in January, the antitrust divisions of the FTC and DOJ announced they would restructure guidance for mergers.<br />FTC Chair Lina Khan also suggested antitrust violations may affect workers and other businesses, saying, .<br />"Illegal mergers can inflict a host of harms, from higher prices and lower wages to diminished opportunity, reduced innovation and less resiliency."
