Microsoft Settles Antitrust Lawsuit Over Activision Blizzard Acquisition
The lawsuit filed by gamers challenging Microsoft's $69 billion purchase was dismissed with prejudice, preventing further legal action.
- The lawsuit was initially filed in December 2022 by a group of gamers concerned about Microsoft's potential market dominance.
- The settlement terms remain undisclosed, but each party will cover its own legal costs and fees.
- The court dismissed the case 'with prejudice,' meaning it cannot be refiled in the future.
- The acquisition has led to significant changes, including layoffs and the integration of Activision titles into Microsoft's Game Pass.
- Despite opposition, Microsoft's acquisition of Activision Blizzard was finalized in October 2023 after overcoming regulatory hurdles.