The private lawsuit also seeks an injunction preventing Microsoft from acquiring Activision. It was filed on behalf of 10 video game players in California, New Mexico and New Jersey.
The proposed acquisition would give Microsoft “far-reaching market power in the video game industry,” the complaint alleges, “by limiting competitors, limiting production, reducing consumer choice, raising prices, and stifling competition.” With the ability to disrupt.”
A Microsoft representative defended the deal in a statement on Tuesday, saying it would “expand competition and create more opportunities for gamers and game developers.” Following the FTC’s lawsuit, Microsoft President Brad Smith said, “We are very confident in our case and welcome the opportunity to present our case in court.”
In a statement, Joseph Savery, an attorney for the plaintiffs in San Francisco, said, “As the video game industry continues to grow and develop, it is critical that we protect the market from monopolistic mergers that will harm consumers in the long run.”