The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.

Microsoft’s $75 billion acquisition of Activision Blizzard cleared its final U.S. regulatory hurdle as the FTC dropped its challenge, capping a nearly two-year legal battle.

(Reuters) - The U.S. Federal Trade Commission dropped a case that sought to block Microsoft's acquisition of Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in the public interest.