• Loading stock data...
Thursday, May 29, 2025
Law

Sony PlayStation Faces $5.9B Class-Action Lawsuit

  • The lawsuit was filed at London’s Competition Appeal Tribunal.
  • The class-action suit could include 8.9 million customers.
Jasen Vinlove-USA TODAY Sports

Sony PlayStation is facing a class-action lawsuit in London that could seek up to $5.9 billion in damages over allegations of overcharging customers for video games and in-game purchases.

At the heart of the lawsuit are claims that Sony’s role as a major player in the $200 billion global gaming market allowed the company to administer unfair conditions to developers.

As a result, developers allegedly provided customers with “excessive and unfair” pricing.

  • The lawsuit was filed at London’s Competition Appeal Tribunal.
  • It is pending approval by judges as an opt-out collective action.
  • The class-action suit could include 8.9 million customers.

Customers eligible for compensation are those in the U.K. who have purchased digital games and content on their PlayStation console through its online store since August 2016.

Sony’s PlayStation Network — which includes the PlayStation Store — has roughly 102 million monthly active users as of June 2022, down from 111 million users in December 2021.

Done Deal 

Sony is facing a potential legal hurdle, but will otherwise look to benefit from its recent purchase of Bungie, the original creator of “Halo” and the current developer of “Destiny.”

In July, Sony closed its $3.6 billion deal for Bungie, which will continue to independently develop and publish games but will use Sony to accelerate the development of projects.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

July 9, 2009; Auburn Hills, MI, USA; Detroit Pistons president Joe Dumars during the press conference to introduce their new head coach John Kuester at their practice facility.

Joe Dumars Leaving NBA League Office to Run Pelicans

Joe Dumars was the architect of the 2004 champion Pistons.
Mar 20, 2025; Providence, RI, USA; Arkansas Razorbacks forward Karter Knox (11) controls the ball against Kansas Jayhawks during the first half at Amica Mutual Pavilion.

Men’s March Madness Sets Opening-Day Viewership Record

CBS Sports and TNT Sports scored big with Arkansas–Kansas.

Callaway’s LIV Deal Shows How Much Golf Has Shifted

The company has signed a first-of-its-kind club contract.
Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.

Saudi Arabia Says No Alcohol at 2034 World Cup

Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.

Featured Today

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.
May 24, 2025

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.
May 24, 2025

Indiana Is the Center of the Basketball Universe—Thanks to Both Pro Teams

The Fever and Pacers are thriving at the same time.
Around the Horn - October 26, 2020
May 23, 2025

‘Quirky, Nutty, Bombastic’: 10 ‘Around the Horn’ Faces on Their Top Moments

“A quirky, nutty, bombastic, mostly wrong, sometimes right, crazy sports family.”

Arizona Father-Son Duo Plead Guilty to $280 Million Sportsplex Fraud

Randy Miller and his son Chad conned multiple investment firms. 
Darin Ruf
May 23, 2025

Darin Ruf Sues Reds Over Career-Ending Knee Injury

Ruf played for five teams across nine major league seasons, hitting .239.
Vince McMahon
May 28, 2025

Former WWE Exec Flips on Vince McMahon in Sex Abuse Lawsuit

Janel Grant and John Laurinaitis announced their settlement Wednesday.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
Indiana basketball's Adidas team shoe - January 5, 2025
May 22, 2025

Steve Madden Sues Adidas to Protect Its Own Use of Stripes

Adidas previously sued Steve Madden over trademark issues.
Tennis
May 21, 2025

ATP, WTA Ask Judge to Dismiss ‘Tennis Cartel’ Lawsuit 

The motions were filed late Tuesday and early Wednesday.
May 4, 2025; San Francisco, California, USA; Colorado Rockies second baseman Kyle Farmer (6) fields a ground ball against the San Francisco Giants during the eighth inning at Oracle Park.
May 21, 2025

Rockies Fan Hit by Foul Ball Sues Team for Poor Play, Stadium..

The filing says he couldn’t see the ball coming from the suite.
Oct 24, 2023; Montreal, Quebec, CAN; New Jersey Devils center Michael McLeod (20) looks on against the Montreal Canadiens during the third period at Bell Centre
May 16, 2025

Judge Dismisses Jury Again In Hockey Canada Sexual Assault Trial

The judge will now have full discretion over the high-profile trial’s outcome.