FTC abandons Biden-era effort to block Microsoft’s acquisition of Activision Blizzard
By DEE-ANN DURBIN, AP Business Writer
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
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In an order issued Thursday, the FTC said it had determined that “the public interest is best served by dismissing the administrative litigation in this case.”
It was the second time in one day that the FTC pulled out of litigation begun during the Biden administration. Earlier Thursday, the FTC said it was dismissing a lawsuit against PepsiCo that was filed by the Democratic-controlled FTC in January.