Microsoft Case Poses Crucial Test for FTC’s Fight Against ‘Vertical’ Mergers
In challenging
Microsoft Corp.’s
MSFT -0.36%
$75 billion acquisition of
Activision
ATVI 0.60%
Blizzard Inc., the Federal Trade Commission is building its marquee antitrust case of Chair Lina Khan’s tenure on expansive legal theories that haven’t prevailed in other recent cases. The lawsuit targets a so-called vertical merger that would combine Microsoft’s software, devices and cloud-computing business with Activision’s…