FTC drops case over Microsoft’s $69B deal for Activision, Reuters reports


The FTC has dropped a case that sought to block Microsoft’s (MSFT) $69B purchase of Activision Blizzard, saying that pursuing the case was not in the public interest, Reuters reports. FTC Chairman Andrew Ferguson is seeking to use the agency’s resources for cases that fit with President Donald Trump’s agenda, such as a probe related to whether advertisers colluded to spend less on X, according to the report.

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