The U.S. antitrust review of Microsoft Corp.’s proposed acquisition of Activision Blizzard Inc. will be handled by the Federal Trade Commission, according to a person familiar with the matter, putting the deal in the hands of an agency that has vowed more aggressive policing of deals.
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The U.S. antitrust review of
Microsoft Corp.’s proposed acquisition of
Activision Blizzard Inc. will be handled by the
Federal Trade Commission, according to a person familiar with the matter, putting the deal in the hands of an agency that has vowed more aggressive policing of deals.
FTC Chair Lina Khan has long advocated for a more forceful approach to reviewing deals, particularly by the biggest technology companies, which she says are able to leverage their dominance in one line of business to gain power in other markets. Under her leadership, the agency has sued to block two major takeovers -- Nvidia Corp.’s
proposed purchase of Arm Ltd. and Lockheed Martin Corp.’s
deal to buy of Aerojet Rocketdyne Holdings Inc.
