Tagged With: monopolies

Business Headline News

Pro Gamers Sue Activision for $100M Over ‘Call of Duty’ Tournament Monopoly Claims

Pro esports players Hector ‘H3cz’ Rodriguez and Seth ‘Scump’ Abner allege the company violated federal antitrust laws by coercing players and team owners to compete under ‘extortionate financial terms’ at the threat of exclusion from the Activision CoD league. 

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Disney to Purchase Remaining Stake in Hulu from Comcast

The company expects to spend approximately $8.61 billion by December 1 for Comcast/NBCU’s 33% stake in the streamer, minus the anticipated outstanding capital call contributions payable by NBCU to Disney, with final amounts to depend on assessment of fair equity value.