According to The Hollywood Reporter, Microsoft has settled the antitrust lawsuit filed by a group of gamers against the company’s acquisition of Activision Blizzard. As you might recall, the lawsuit was filed in December 2022, just a couple of weeks after the US Federal Trade Commission announced it was suing to block the deal. Here’s what the gamers alleged in their lawsuit against Microsoft: In addition to the elimination of a significant rival, the proposed acquisition may give Microsoft far-outsized market power in the video game industry and may enable Microsoft to foreclose rivals to critical inputs and important markets. […]
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