MSFT -1.73%decrease; red down pointing triangle has indicated that it will challenge the Federal Trade Commission’s lawsuit blocking its $75 billion acquisition of Activision ATVI -0.12%decrease; red down pointing triangle Blizzard Inc., claiming to be an underdog in videogame development.
Microsoft has been announcing its position for months, saying that the purchase would not threaten competition because it trailed rivals in videogame consoles and has limited experience developing mobile games. As cloud gaming becomes more popular, the company expects the industry to become more competitive in the future.
