Sony $7.85M Settlement: When PlayStation Customers Could Expect Payout
The lawsuit alleges Sony's decision to stop allowing outside retailers to sell certain digital game vouchers reduced competition.
Sony has reached a proposed $7.85 million settlement to address allegations that it reduced competition by limiting third-party retailers from selling certain digital PlayStation game vouchers. The lawsuit, Caccuri v. Sony Interactive Entertainment LLC, claims that the company's decision led consumers to pay higher prices for some digital games available on the PlayStation Store.
Sony denies any wrongdoing, and a federal court has not ruled in favor of the plaintiffs. However, the company has agreed to settle the claims in order to avoid further legal proceedings. Sony maintains that it did not violate federal or state antitrust laws, but the settlement aims to resolve the litigation. The court is scheduled to hold a final fairness hearing on October 15 to determine whether to approve the settlement and award compensation to plaintiffs.
Eligible consumers may automatically receive credits deposited into their PlayStation Network accounts if they have active accounts, without needing to submit a claim form. If the settlement receives final approval, Sony will distribute compensation directly to eligible PSN account wallets. The exact amount each customer receives will depend on various factors, including the number of qualifying purchases made and the total number of eligible purchases among all class members.
Written by urgent.news from Newsweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
