The Federal Trade Commission (FTC) might file an antitrust lawsuit to block the $69 billion acquisition of gaming company Activision Blizzard (NASDAQ:ATVI) by Microsoft (NASDAQ:MSFT), as per a Politico report that cited people familiar with the matter. Activision stock fell 4% in Wednesday’s extended trading session in reaction to the news. The report stated that a lawsuit opposing the deal is not guaranteed and that two sources said that four commissioners of the FTC have “yet to vote out a complaint or meet with lawyers for the companies.”  Based on FTC’s decision, the lawsuit could be filed as early as next month.
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