FTC clears Microsoft's $69 billion acquisition of Activision Blizzard.

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The Fair Trade Commission (FTC) gave a green light on Microsoft's acquisition of Activision Blizzard, one of the biggest deals of its kind in the gaming industry.

The regulator said Tuesday it gave unconditional approval of the $68.7 billion deal filed in April last year.

The financial watchdog said the acquisition would not harm the competition in the console gaming market due to the low market share of the games developed and distributed by the two firms in Korea.
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