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https://i-invdn-com.investing.com/trkd-images/LYNXMPEIBM01D_L.jpg(Reuters) – Microsoft Corp (NASDAQ:MSFT) said on Thursday that its $69 billion bid to buy “Call of Duty” maker Activision Blizzard (NASDAQ:ATVI) would benefit gamers and gaming companies alike.
Microsoft made the argument in a filing aimed at convincing a judge at the U.S. Federal Trade Commission to allow the deal to proceed, after FTC commissioners said the merger would hamper competition in the gaming industry in a complaint this month aimed at blocking the deal.