Activision

Microsoft Settles Gamer-Led Antitrust Suit Over $69 Billion Activision Blizzard Deal

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Redmond, Washington – Microsoft has reached a settlement in the antitrust lawsuit initiated by a collective of gamers opposed to its $69 billion acquisition of gaming giant Activision Blizzard. The terms of the settlement remain confidential, and the case has been dismissed with prejudice, which prevents any possibility of refiling in the future. Both parties have agreed to cover their own legal expenses. The lawsuit, originally filed in California in 2022, was initiated by gamers from various states who were concerned about the potential monopolistic effects of Microsoft’s acquisition. They feared it would enable Microsoft … Read more

Microsoft CEO Satya Nadella to Face Questioning in Lawsuit Over Activision Purchase, Raising Concerns of Competition

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San Francisco – Microsoft CEO Satya Nadella may have to face questioning in a lawsuit filed by a group of video gamers who argue that the company’s acquisition of Activision, the maker of “Call of Duty,” will harm competition. U.S. District Judge Jacqueline Scott Corley ruled against Microsoft’s attempt to prevent Nadella from being deposed. The gamers’ case runs parallel to a lawsuit brought by the Federal Trade Commission (FTC) last year to block the deal. The gamers sued Microsoft over its $69 billion purchase of Activision in December 2022, asserting that it would stifle … Read more