Did you receive a mail about a class action settlement concerning the Gamers seeking to pause Microsoft-Activision deal prior to court case? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Gamers – Microsoft-Activision deal prior to court case lawsuit?
The Federal Trade Commission is seeking to block a $69 billion merger between Activision Blizzard and Microsoft. The FTC said it believes the merger could harm competition in the gaming market. The FTC oversees trade in the United States.
The case is In the Matter of Microsoft Corp. and Activision Blizzard Inc., File No. 2210077, before the U.S. Federal Trade Commission.
What Is This Class Action All About?
Gamers made a final written argument to the Ninth Circuit expressing their opposition to Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard.
The gamers, who are attempting to get the Ninth Circuit to pause the deal, wrote that the acquisition is “anticompetitive” and intends to put Sony out of the video game business. The challenge was the last chance the gamers had to present arguments in writing prior to a trial where they will be able to dispute the acquisition in person.
The gamers wrote that they should only need to prove they would suffer irreparable harm without an injunction, not that they would be harmed immediately upon the closing of the deal. An original closing deadline of July 18 for the merger was postponed by three months to give the companies time to work with UK’s competition regulators to get their approval of the deal.
The Federal Trade Commission (FTC) seeks to block a $68.7 billion deal that would see Microsoft Corp. acquire game developer Activision Blizzard, stating the move could harm video game market competition.
In a complaint filed Dec. 8, the FTC said enforcers would attempt to block Microsoft from acquiring the game developer, which makes game franchise giants Call of Duty and World of Warcraft.
In the statement, FTC’s Bureau of Competition director Holly Vedova said Microsoft has a record of acquiring gaming content and using it to suppress competition, and the FTC sought to prevent this from happening again.
The FTC cited Microsoft’s acquisition of Bethesda Softworks and moves to make the developer’s titles exclusive to Xbox after promising not to.
Who Is Eligible?
This settlement concerns all persons who is affected by the Microsoft, Activision Blizzard merger.
How To Be Part of This Settlement
To partake in this settlement, class member must submit a valid and timely claim on the settlement website.
What Is The Pay For This Settlement?
The pay for this settlement varies and the proof of purchase is not necessary.
Conclusion
As you submit your claim to the settlement website, just like Unum data breach class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.
