[Antitrust Law]Overseas gamer group sues to stop Microsoft’s acquisition of Activision!Further to the quagmire

Microsoft Sued by Gamers Over $69 Billion Action Deal (2)


According to the article

A gamer group has challenged Microsoft’s $69 billion acquisition of Activision Blizzard in courtroom.

・The Federal Trade Commission (FTC) sued to dam the merger of Microsoft and Activision Blizzard.

The federal antitrust lawsuit filed in San Francisco comes lower than two weeks after the FTC filed the lawsuit.

The gamergroup lawsuit names Microsoft, not Activision, as a defendant and, just like the FTC, seeks a courtroom order barring the corporate from finishing the deal.

・In the gamer group’s criticism,A merger would give Microsoft sufficient leverage at completely different ranges of the gaming business to “close out rivals, limit production, reduce consumer choice, raise prices, and further stifle competition.” There are issues that

・Also, within the criticism,“Microsoft already dominates one of the most popular and largest video game ecosystems in the industry.”,“The proposed acquisition would give Microsoft an unrivaled position in the gaming industry and leave us with the most must-have games and iconic franchises.”and

・According to the criticism,The merger plan will give Microsoft extraordinary energy in overlapping product markets reminiscent of consoles, PCs, cloud-based and cell video games.It’s additionally stated to dominate the marketplace for top-notch ‘AAA’ video games, subscription companies, and consoles themselves.

Gamer Group argues that the 2 firms’ gaming divisions are already the results of previous large-scale mergers, reflecting a “dramatic wave of consolidation” following a “long history of concentration” within the gaming market.

The merger can be stated to mix two of the few giant firms at present competing for employees with “professional talent” to develop video video games.

Reduces worker mobility and leverage at a time when Activision is “embroiled in lawsuits” over a poisonous tradition of gender discrimination and sexual harassment

The allegations mirror unrelated shareholder lawsuits difficult the transaction from completely different angles.The investor lawsuit, filed by the Swedish state pension fund, which owns Activision shares, makes use of Activision’s office scandal to assist the 2 firms merge for a discount worth to guard their beleaguered CEO. accused of orchestrating

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