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The FTC has dropped its administrative case and will no longer be tackling Microsoft's $68.7 billion acquisition of Activision Blizzard King in its administrative court.

The US Federal Trade Commission has dropped its complaint against Microsoft's acquisition of Activision Blizzard.

The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft's purchase of "Call of Duty" video game maker Activision Blizzard.