Fox Business: FTC loses case to block Microsoft Activision $69B deal

The U.S. Federal Trade Commission cannot stop Microsoft’s proposed $69 billion purchase of Activision Blizzard, a California judge ruled on Tuesday. In her ruling, Judge Jacqueline Scott Corley said, "Microsoft’s acquisition of Activision has been described as the largest in tech history," and "it deserves scrutiny."

In an interview with FOX Business, Stephen Kent at the Consumer Choice Center, said "Judge Corley showed a deep respect for consumer interest, namely the gamers who will be most impacted by Microsoft acquiring Activision-Blizzard. 

"Biden's FTC under Lina Khan has shown no interest in consumer protection, as illustrated throughout the hearings and pointed out on the final day by Judge Corley herself," Kent said. "President Biden should be taking note of how poor FTC Chair Lina Khan has been at her job, and how far she's strayed from the mission of consumer protection."