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FTC Blocks Microsoft's $70 Billion Activision Deal Over Competition Concerns

10/5/2025

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Story summary
  • The FTC opposed Microsoft’s $70 billion Activision Blizzard deal over competition concerns.
  • Former FTC chair Lina Khan said the deal has driven price hikes and layoffs harming gamers and developers.
  • Microsoft raised Game Pass prices by 50% and laid off thousands, while reports say Call of Duty sales dropped by $300 million amid ongoing studio closures.