Microsoft (MSFT) Deal With Activision Blizzard (ATVI)
b'"FTC is claiming that the deal with Activision Blizzard (ATVI) and Microsoft (MSFT) is anti-competitive. If the deal falls through, this will not have a material impact on Microsoft (MSFT). Analysts consider this a vertical acquisition and not a horizontal one," says JP Lee. "The Activision Blizzard (ATVI) deal is under scrutiny in the U.K, E.U, and China. U.K.\'s competition and markets authority has moved the deal into a phase 2 investigation. Microsoft (MSFT) will owe a $3B cancellation fee if the offer is withdrawn," adds Lee Bohl.'