FTC Revives In-House Challenge to Microsoft-Activision Deal

The US Federal Trade Commission is reviving its challenge against Microsoft Corp.’s $69 billion acquisition of video game company Activision Blizzard Inc., a move which may seek to unwind the deal after it closes.

The agency will move forward with its in-house trial against the acquisition after pausing it over the summer, according to an order the agency issued Wednesday. The move means the FTC will continue challenging the deal even after it has closed this year.

“The commission has determined that the public interest warrants that this matter be resolved fully and expeditiously,” the agency wrote in a ...