Trends in gamedev venture capital deals — legal overview by REVERA law group
What were the biggest trends in VC investment deals across the games industry in 2023 and which ones will remain relevant this year? This is an overview by legal experts Anna Solovei and Viktoryia Semianitskaya, representing REVERA law group.
Microsoft says Activision planned to eliminate “significant number of jobs” before acquisition in its response to FTC
Microsoft has responded to a US Federal Trade Commission (FTC) complaint about the recent layoffs in its video game division. The company argued that Activision itself had planned to make the cuts long before the acquisition.
Court rules Dark and Darker’s service “should not be suspended”, dismisses Nexon’s preliminary injunction
New details have emerged in the long-running legal fight between Nexon and Dark and Darker developer Ironmace. It appears that the South Korean publisher’s preliminary injunction against the studio was dismissed.
How devs can protect their games, problems with patent trolls, and other legal issues in games industry
The seventh episode of Games and Names, a games industry podcast launched by AppMagic in partnership with WN Media Group, is here. It is dedicated to a really complex yet important topic — the legal side of the games industry and how developers can protect the results of their creative work.
Serge Hascoët and four other former Ubisoft execs taken into custody as part of harassment investigation
French police have arrested several former Ubisoft executives to question them about workplace harassment allegations. This is part of an investigation that has been running for more than a year.
CMA says Microsoft’s cloud gaming remedies “opens the door” to Activision deal being finally cleared
The UK’s Competition and Markets Authority (CMA) has released a new statement on its probe into Microsoft’s proposed acquisition of Activision Blizzard. The $68.7 billion deal is now as close to approval as possible.
ESRB asks FTC for approval of facial analysis tool to verify age of players’ parents
The Entertainment Software Rating Board (ESRB), which assigns age ratings to video games, has asked the US Federal Trade Commission (FTC) to greenlight a new age-estimating method. According to the organization, it should avoid the collection of any personal data.
UK’s new loot box principles include restricting access to underage players and disclosing reward probabilities
The Association for UK Interactive Entertainment (Ukie) has released a new guidance for video game loot boxes, which consists of 11 principles. They are designed to be followed by developers, publishers, and other market participants.
FTC appeals court ruling approving Activision deal, CMA continues to put pressure on Microsoft in UK
The US Federal Trade Commission (FTC) has no plans to give up on its crusade to block Microsoft’s acquisition of Activision Blizzard. Here are all the details about the appeal and the latest news related to the $68.7 billion deal.
Microsoft wins legal battle against FTC, as UK regulator remains sole hurdle to Activision Blizzard acquisition
Microsoft is now one step closer to acquiring Activision Blizzard, as a Calfironia judge has denied a preliminary injunction request by the US Federal Trade Commission. Here is what’s next for the companies trying to close the largest M&A deal in video game history.
FTC achieves temporarily ban on Microsoft’s acquisition of Activision Blizzard, hearing set for June 22-23
The US Federal Trade Commission (FTC) has been granted a restraining order against the Microsoft-Activision deal. This means the companies are now temporarily blocked from completing the merger.
FTC fines Microsoft $20 million for collecting children’s personal data, extends protections to third-party publishers
Microsoft has been fined by the US Federal Trade Commission (FTC) for illegally collecting and retaining children’s personal data. The company attributed the issue to a technical glitch, but agreed to take steps to improve protection measures for Xbox users.
Microsoft’s UK appeal against blocking Activision deal set for July hearing despite CMA’s attempt to drag out process
Microsoft is now preparing for a summer fight with the UK regulator, as the country’s Competition Appeal Tribunal has set a timeframe for an appeal hearing. The Competition and Markets Authority failed to convince the court to adjourn the case.