The saga of the antitrust lawsuit by disgruntled American gamers who tried to stop the deal between Microsoft and Activision Blizzard has finally come to an end. The outcome is predictable.
Let us recall that in December 2022, a group of 10 American players sued Microsoft to prevent it from acquiring the publishing house Activision Blizzard for $68.7 billion, as this threatens to reduce competition and harm the audience.
In March 2023, a California judge dismissed the lawsuit, but the gamers filed again the following month. Antitrust proceedings continued even though Microsoft closed the deal in October.
According to The Hollywood Reporter, the day before, October 14, both parties to the antitrust proceedings notified the court that they had reached an agreement that does not provide for the possibility of re-filing a lawsuit.
What exact terms Microsoft and dissatisfied American gamers agreed on after almost two years of bickering is not disclosed. Both parties agreed to pay their own legal costs.
As a result of the deal with Activision Blizzard, Microsoft acquired such franchises as Call of Duty, Warcraft, Diablo, Guitar Hero, Tony Hawk’s Pro Skater, Overwatch and Crash Bandicoot.
The merger with Activision Blizzard helped Microsoft increase the profits of its gaming division, but in 2024 it resulted in two waves of layoffs for the company (1,900 employees in January and another 650 people in September).
Atos announced that it had signed an agreement with ALTEN SA to sell its business…
The new Xiaomi product, the SU7 sports car, which entered the Chinese electric vehicle market…
X owner, Tesla CEO, SpaceX CEO and Neuralink CEO Elon Musk is a busy man,…
Apple will soon give users the ability to send the location of lost items—an iPhone,…
Researchers from Australia and Latvia have discovered a way to turn useless polystyrene waste into…
Apple and Masimo will appear in court this week in California. Masimo will insist during…