Microsoft Activision Takeover: No ‘Substantive’ Settlement Talks With US FTC, Lawyer Says

Microsoft Activision Takeover: No ‘Substantive’ Settlement Talks With US FTC, Lawyer Says

There are no “substantive” settlement discussions under way between US President Joe Biden’s administration and Microsoft to resolve a legal dispute over the Xbox maker’s $69 billion (roughly Rs. 5,71,900 crore) bid for games maker Activision Blizzard, a Federal Trade Commission attorney said on Tuesday. The FTC, which enforces antitrust law, asked a…