Public court filings or announcements from Microsoft or relevant regulatory bodies

Microsoft Settles Gamers' Antitrust Lawsuit Over $69 Billion Activision Blizzard Acquisition

Oct 15, 2024, 10:11 AM

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.