Microsoft is being sued by gamers in several states to stop its acquisition of Activision Blizzard.

Gamers Sue Microsoft to Stop Activision Takeover

Microsoft is facing a lawsuit from video gamers end up blocking its takeover of Activision Blizzard. This lawsuit comes from private consumers that argue that the $69 billion acquisition will stifle competition among video game companies and shares a Microsoft and Activision Blizzard are still up on the day Microsoft up to about 1.18% and Activision Blizzard just slightly up at 0.16%. Now, the lawsuit comes from 10 video gamers in California, New Mexico and New Jersey, and they all claim that Microsoft would gain what describes what it describes as quote, far outside market power in the industry. This is leading to higher prices and fewer choices for consumers. This week's lawsuit follows a case from the FTC aiming to block the deal, which, if it does go through, would be the biggest deal in the gaming industry.