The U.S. antitrust review of Microsoft Corp's $68.7 billion proposed acquisition of 'Call of Duty' maker Activision Blizzard Inc will be handled by the Federal Trade Commission (FTC), Bloomberg News reported late on Monday, citing a person familiar with the matter.
Reuters previously reported that Microsoft would pay a $3 billion break-fee if the deal falls through, according to a source familiar with the matter, suggesting the company was confident of winning antitrust approval.
Register now for FREE unlimited access to Reuters.comReporting by Shivam Patel and Shubham Kalia in Bengaluru; Editing by Shailesh Kuber and Arun KoyyurSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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