Microsoft has settled a long-running antitrust lawsuit brought by a group of gamers challenging its $69 billion acquisition of Activision Blizzard. The lawsuit, which was filed in 2022, claimed that the acquisition would harm industry competition and drive up prices. The case has been dismissed 'with prejudice,' meaning it cannot be refiled. Terms of the settlement have not been disclosed. This settlement marks the end of a significant legal hurdle for Microsoft, which completed the acquisition of Activision Blizzard one year ago, making it the largest buyout in the video game industry to date.
Microsoft settles video gamers’ lawsuit over US$69-billion Activision Blizzard deal https://t.co/uppBThbcm6 https://t.co/CRtiRUe0Z7
Microsoft settles antitrust lawsuit contesting Activision Blizzard acquisition https://t.co/tRSWO4Hmk6
Microsoft and a group of video gamer plaintiffs have settled an antitrust case brought two years ago that sought to block the tech giant’s completed $69 billion deal to purchase Activision Blizzard. https://t.co/MpdzsKBQ7T