The Federal Trade Commission is seeking to block technology giant Microsoft Corp. from acquiring leading video game developer Activision Blizzard, Inc.

Microsoft ClosesR$69 Billion Activision Deal, Overcoming Regulators' Objections. The megadeal could strengthen Microsoft's standing in the video game industry, after a year and a half of negotiations with regulators around the world. Kellen Browning reported from San Francisco, and David McCabe from Washington.