Microsoft and Activision Bosses Fight Regulators to Save $69 Billion Merger in Court

The CEOs of Microsoft and Activision Blizzard testified in favor of their companies' proposed $69 billion merger in a federal court hearing.
The Federal Trade Commission is attempting to temporarily block the deal to investigate potential antitrust violations.
Microsoft has offered to keep Activision's popular Call of Duty franchise available on rival PlayStation consoles to address regulators' concerns about exclusivity.
Microsoft CEO Satya Nadella said he wants to eliminate console exclusives, but blamed dominant player Sony for defining the market.
The court's decision on whether to halt the merger is seen as a test of regulatory oversight on major tech companies.