Microsoft's Activision deal faces its biggest obstacle yet in FTC lawsuit

The US Federal Trade Commission is suing to block Microsoft's $69 billion acquisition of Activision Blizzard, alleging that the deal would "enable Microsoft to suppress competitors" and ultimately harm competition in the games industry. The hotly anticipated decision was announced today, December 8, two weeks after reports indicating the FTC was considering an antitrust lawsuit, and right on the heels of more recent reports claiming the FTC actually appeared more likely to approve the deal