Microsoft preparing to go to battle with FTC over Activision deal, WSJ says

Microsoft (MSFT) has signaled it plans to challenge the Federal Trade Commission’s lawsuit to block its $75 billion deal for Activision Blizzard (ATVI), and is expected to argue that it is an underdog in videogame developing, The Wall Street Journal’s Sarah E. Needleman reports. Legal experts say Microsoft will likely build its case around those talking points as well as the fact that it is pursuing what is called a vertical merger, meaning it is buying a company in its supply chain as opposed to a direct competitor, the author notes. Reference Link