[Special Stock] Kakao Games Down 3.4% Amid Copyright Lawsuit
Kakao Games is showing weakness due to the copyright infringement lawsuit related to the new release 'ArcheAge War.'
As of 9:37 AM on the 6th, Kakao Games was trading at 40,100 KRW, down 3.37% from the previous trading day.
NCSoft announced that it filed a complaint with the Seoul Central District Court against Kakao Games and XL Games for copyright infringement and unfair competition the day before. At the same time, NCSoft recorded 384,000 KRW, up 0.79% from the previous day.
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NCSoft explained that it confirmed that Kakao Games and XL Games had copied numerous contents and systems from 'Lineage 2M' in ArcheAge War, which was released on the 21st of last month. After analysis and discussions with internal and external experts, the company decided to pursue litigation to protect its intellectual property rights (IP).
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