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It’s a sign of the times that on the very same morning, the FTC and Justice Department announced a thorough review of corporate merger policies with an eye to preventing anti-competitive acquisitions — and a megacorp announced a $69 billion deal that would further consolidate an industry already dominated by a handful of players. That’s not to say that the Microsoft-Activision deal is necessarily anti-competitive, but they certainly will have their job cut out for them in proving that it isn’t. As a publisher, platform, hardware maker and service provider in gaming, Microsoft’s acquisition of Activision Blizzard puts several of the world’s most popular gaming franchises firmly in its stable — and potentially out of arch-rival Sony’s. Full story

18 January