Microsoft-Activision deal: Gamers sue to stop merger

TL;DR

Microsoft-Activision deal: Gamers sue to stop merger- PublishedMicrosoft faces legal action from 10 gamers to block its merger with Call of Duty maker Activision Blizzard.The lawsuit filed in a US federal court says the $69bn (£56bn) deal by the Xbox console maker to purchase its rival will "create a monopoly in the video game industry".The proposed acquisition would give Microsoft "far-outsized market power in the video game industry," according to the complaint "with the ability to foreclose rivals, limit output, reduce consumer choice, raise prices, and further inhibit competition."The proposed acquisition would give Microsoft "both the means and motive to harm competition" by manipulating pricing, making games worse on its competitors' video game consoles, "or withholding content from competitors entirely, resulting in harm to consumers," the agency said in a press release."This sounds alarming, so I want to reinforce my confidence that this deal will close," Activision Blizzard chief executive Bobby Kotick wrote in a letter to staff that was shared on the company's website."

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