The US Federal Trade Commission reportedly looks to be leaning towards an approval of Microsoft’s $68.7bn Activision Blizzard takeover.
Previously, the FTC’s involvement in the deal had signalled a headache for Microsoft, which is facing regulatory approval around the world, and close scrutiny here in the UK. A lawsuit looked imminent – potentially blocking the acquisition, or carving out major concessions.
However, a fresh report by the New York Post into the FTC panel set to decide the deal’s fate suggests the trade body is now looking more likely to let it pass.
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