FTC reportedly softens stance on blocking Microsoft Activision Blizzard merger

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FTC reportedly softens stance on blocking Microsoft Activision Blizzard merger
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The US Federal Trade Commission reportedly looks to be leaning towards an approval of Microsoft's $68.7bn Activision Bl…

This, coupled with Microsoft's cosiness with US politics and prior good business track record, now puts the chances of the deal being approved at"70 percent", according to former FTC chairman William Kovacic.

"It does become hard to say, 'This is not good enough,'" said Kovacic, discussing Microsoft's recent signal it was open to concessions."It becomes more difficult for the Commission to push this aside.Microsoft and Activision have previously said they expect the deal to be finalised before the middle of 2023.

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