Tuesday, March 21, 2023

Microsoft wins dismissal of gamers' suit over $69 billion Activision deal

Microsoft Corp on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of "Call of Duty" maker Activision Blizzard Inc, but the plaintiffs were given 20 days to refine their legal challenge. A federal judge in San Francisco ruled that the lawsuit from a group of video game plaintiffs "lacks allegations" supporting their claim that the proposed acquisition would harm market competition.

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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