The Federal Trade Commission is preparing a potential legal challenge to Microsoft’s plan to buy Activision for $68.7 billion, and it could file the lawsuit by next month, according to Politico. The outlet’s sources say both CEOs — Satya Nadella and Bobby Kotick — have already been deposed, and yet the FTC remains skeptical.

The report notes that there are still a few steps to go before the regulator is ready to act, including a vote from its commissioners. If it does end up happening, it’d mean the deal would face antitrust challenges in the US, UK and the EU. This is despite Microsoft’s repeated attempts to assure regulators that its purchase of Activision — the company in charge of Candy Crush, Call of Duty, and all of Blizzard —…

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