Saturday, 23 September

Friday, 24 March, 2023

FTC Approves Epic Games' Purchase of Psyonix, Following Settlement over 'Fortnite' Payment System

FTC Approves Epic Games' Purchase of Psyonix, Following Settlement over 'Fortnite' Payment System

<p>The FTC approved Epic Games&#39; purchase of a majority stake in developer Psyonix, which is behind the popular game &quot;Rocket League.&quot; The move follows the FTC&#39;s lawsuit against Epic Games over the company&#39;s &quot;anti-competitive conduct&quot; related to its in-game payment system in &quot;Fortnite.&quot; The settlement allows for greater competition in the video game industry, and is expected to benefit consumers.&nbsp;The FTC will monitor Epic Games&#39; compliance with the settlement.</p>

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