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Excessive Prices

All articles tagged with #excessive prices

Sony Faces $7.9 Billion Lawsuit Over PlayStation Store Prices
business2 years ago

Sony Faces $7.9 Billion Lawsuit Over PlayStation Store Prices

Sony has been ordered by a London tribunal to face a nearly $8 billion lawsuit over allegations that the company charged "excessive prices" to customers through its PlayStation Store. The lawsuit, brought by consumer advocate Alex Neill on behalf of nearly 9 million people in the UK, claims that Sony abused its dominant market position by requiring digital games and add-ons to be bought and sold exclusively through its online store, resulting in higher prices for consumers. Sony's lawyers have argued that the case should be dismissed, but the tribunal ruled that the lawsuit can proceed.

Sony Faces Multi-Billion Dollar Lawsuit Over PlayStation Store Pricing
legal2 years ago

Sony Faces Multi-Billion Dollar Lawsuit Over PlayStation Store Pricing

The UK's Competition Appeal Tribunal has ruled that a £5 billion ($6.7 billion) class action lawsuit against Sony, filed by consumer rights campaigner Alex Neill, can proceed to trial. The lawsuit alleges that Sony charges "excessive" prices for digital content through the PS Store, taking advantage of its market leader position. Sony had attempted to dismiss the lawsuit, but the court rejected their arguments. If successful, affected consumers who spent money through the PS Store between August 19, 2019, and August 19, 2022, could potentially receive damages ranging from £67 to £562, plus interest. The trial is expected to take years to resolve.