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    Vikshita Vitthal Gujaran in Microsoft News

    22-Dec-2022 11:01 AM


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    Video gamers sue Microsoft in U.S. court to stop Activision takeover

    Video gamers sue Microsoft in U.S. court to stop Activision takeover Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company's $69 billion bid to purchase "Call of Duty" maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry.
    The complaint filed in federal court in California comes about two weeks after the U.S. Federal Trade Commission filed a case with an administrative law judge seeking to stop Microsoft, owner of the Xbox console, from completing the largest-ever acquisition in the video-gaming market.
    The private lawsuit also seeks an order blocking Microsoft from acquiring Activision.
    In a statement, plaintiffs' attorney Joseph Saveri in San Francisco said, "As the video game industry continues to grow and evolve, it's critical that we protect the market from monopolistic mergers that will harm consumers in the long run."
    Private plaintiffs can pursue antitrust claims in U.S. court, even while a related U.S. agency case is pending.
    The takeover, announced in January, also faces antitrust scrutiny in the European Union.

    Source - https://tech.hindustantimes.com/tech/news/video-gamers-sue-microsoft-in-u-s-court-to-stop-activision-takeover-71671649821579.html

    #videogame #microsoft