https://www.kitguru.net/gaming/matthew-wilson/ftc-to-hold-antitrust-review-of-microsofts-70-billion-activision-blizzard-acquisition/
 
As reported by Bloomberg, the US Federal Trade Commission is conducting an antitrust review of Microsoft’s $68.7 billion acquisition of Activision Blizzard. The deal, which was announced during the same week that the FTC and US Justice Department agreed to be stricter on acquisitions and mergers, is the largest in gaming history.
 
While the deal is absolutely massive, combining Xbox and Activision Blizzard’s current revenues doesn’t result in Microsoft becoming the largest video game publisher. Once merged, Xbox still falls behind Sony’s PlayStation and Tencent when it comes to revenue. Microsoft, Activision and the FTC have not publicly commented on this review yet. While questions are being asked by regulators much sooner than expected, Microsoft was always going to have to answer them eventually. Currently, Microsoft expects to complete the acquisition by June 2023.
 
Due to the size of the merger an FTC investigation was not entirely unexpected news. 

Govt. negotiating for an envelope slid over the table to bless the merger....💲🤑💲
Don't want to miss out on that kind of opportunity