Microsoft and Activision Blizzard file responses to the FTC's antitrust lawsuit

Microsoft has filed a formal response to a Federal Trade Commission antitrust lawsuit that seeks to block it from buying Activision Blizzard for $68.7 billion. It pushed back against the agency's claims that the takeover would harm competition in the gaming industry. The company argued that consumers would benefit. "The commission cannot meet its burden of showing that the transaction would leave consumers worse off, because the transaction will allow consumers to play Activision’s games on new platforms and access them in new and more affordable ways," Microsoft wrote.