Business

Gamers Sue Microsoft Over Activision Merger

A groups of gamers filed a private consumer lawsuit in California that intends to stop Microsoft from completing it’s $69 million acquisition of Activision Blizzard, which has been one of the major headlines throughout 2022.

The suit was filed by 10 plaintiffs from California, New Mexico and New Jersey, and they seek to obtain an order to block the acquisition deal from moving forward due to antitrust concerns regarding it.

According to Reuters, the filings claim Microsoft would gain “far-outsized market power in the video game industry, with the ability to foreclose rivals, limit output, reduce consumer choice, raise prices and further inhibit competition.”

Additionally, Joseph Saveri, the attorney representing the plaintiffs, stated: “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.”

 

Anthony DiMoro

Covering Content Creators, Twitch, YouTube, Streamers & the digital culture. Anthony has written for publications such as Forbes and the Huffington Post, among others, during his career.

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