A group of 10 gamers in the US have teamed up to file a federal antitrust lawsuit against Microsoft over its proposed a…
A group of 10 gamers in the US have teamed up to file a federal antitrust lawsuit against Microsoft over its proposed acquisition of Activision Blizzard., the lawsuit argues that the acquisition will give Microsoft enough influence over multiple levels of the gaming industry"to foreclose rivals, limit output, reduce consumer choice, raise prices, and further inhibit competition".
Microsoft made the following statement in response to the lawsuit to Bloomberg Law:"This deal will expand competition and create more opportunities for gamers and game developers as we seek to bring more games to more people.""As the video game industry continues to grow and evolve, it's critical that we protect the market from monopolistic mergers that will harm consumers in the long run," said Joseph Saveri of the Joseph Saveri Law Firm.
"Nothing has been as destructive to the free enterprise system as the mega-mergers of the last two to three decades," said Joseph Alioto of the Alioto Law Firm."They destroy jobs; they raise prices; they cause quality to diminish and innovation to be stifled."
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