Over the Thanksgiving break, while markets were closed for trading, Politico reported that the Federal Trade Commission (FTC) "is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover of video game giant Activision Blizzard." On Friday morning, as trading resumed after the holiday, Activision Blizzard (NASDAQ: ATVI) stock tumbled in response.  

As of 10:30 a.m. ET, Activision stock is down 4.1%.

Mind you, "is likely to file" is not the same thing as "will file" -- or "will succeed in blocking the merger," for that matter. Politico goes on to explain that the FTC commissioners have not yet made a decision to sue Microsoft (NASDAQ: MSFT) to block its acquisition of Activision.

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Source Fool.com