Pricing

NFL Hit with $4.7 Billion Jury Verdict Over Sunday Ticket Pricing Conspiracy

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Los Angeles — A federal jury recently ruled that the National Football League (NFL) must pay a hefty $4.7 billion to a class of sports enthusiasts who claim the league conspired with DirecTV and major networks to overcharge for its exclusive Sunday Ticket package. The compensation awarded may soar past $14 billion if the decision withstands appeals, owing to antitrust laws that allow tripling of the damages. Filed in 2015, the class-action suit includes more than 2.4 million residential subscribers and over 48,000 commercial entities such as bars and restaurants. While residential subscribers were awarded … Read more

NFL Faces $4.7 Billion Payout After Jury Finds Sunday Ticket Pricing Scheme Anti-Competitive

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Los Angeles, CA — In a landmark ruling, the NFL has been directed by a Los Angeles jury to pay approximately $4.7 billion in damages for breaching antitrust laws in connection with its DirecTV “Sunday Ticket” service. This decision arrived after allegations that the league had improperly collaborated with DirecTV and broadcast partners CBS and Fox, to inflate the service’s pricing. The unanimous conclusion by the jury, reached after around five hours of deliberations spread over two days, concluded the three-week trial featuring high-profile testimony from NFL Commissioner Roger Goodell and Cowboys owner Jerry Jones. … Read more

NFL Faces Billions in Damages as Jury Rules Against League in DirecTV “Sunday Ticket” Pricing Lawsuit

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Los Angeles — The National Football League faces a potential multibillion-dollar payment following a jury verdict that ruled against the league over its pricing practices for the DirecTV NFL Sunday Ticket package. This decision is part of an ongoing legal saga concerning allegations that the NFL’s exclusive distribution strategy violated antitrust laws. The verdict, pronounced at the U.S. District Court in the Central District of California, compels the NFL to compensate commercial subscribers of the “Sunday Ticket” service with $96 million and residential subscribers with a staggering $4.7 billion. The jury’s decision centers on claims … Read more

California Unveils Sweeping Consumer Protection Laws: No More Hidden Fees, Right to Repair Devices, and Simplified Transparent Pricing Takes Effect July 2024

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San Francisco, CA—A series of pivotal new laws will take effect in California starting July 1, 2024, introducing significant changes aimed at enhancing consumer protection, safety, and environmental responsibility across a range of industries and everyday activities. Among the most anticipated regulations is the proclamation of the Right to Repair Act which mandates manufacturers of electronic devices and home appliances to supply necessary repair information, tools, and parts to both consumers and independent repair shops. This law, pertinent to devices costing $50 or more, is expected to decrease repair costs and extend the lifespan of … Read more