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. In an order issued Thursday, the FTC said it had determined that “the public interest is best served by dismissing the administrative litigation in this case.”

(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.