Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114
: Activision settles DOJ lawsuit over salary caps for esports players – Vested Daily

: Activision settles DOJ lawsuit over salary caps for esports players

The Justice Department accepted a settlement Monday from Activision Blizzard Inc.
ATVI,
-0.30%

over an antitrust lawsuit filed earlier in the day accusing the video-game maker of suppressing player play in company-owned esports leagues for the games “Overwatch” and “Call of Duty.”

“Professional esports players — like all workers — deserve the benefits of competition for their services. Activision’s conduct prevented that from happening,” said Assistant Attorney General Jonathan Kanter in a statement.

The lawsuit alleged that independently owned esports teams, which competed in leagues owned by Activision, worked together with the company to suppress player compensation.

Activision maintained that its actions were legal. “We have always believed, and still believe, that the Competitive Balance Tax was lawful, and it did not have an adverse impact on player salaries,” it said in a statement.

Under the settlement, Activision agreed not to impose salary caps or limits for esports players or teams. The settlement still must be approved by a federal judge.

This post was originally published on Market Watch

Financial News

Daily News on Investing, Personal Finance, Markets, and more!