Pricing

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

MTA CEO Remains Confident in the Legality of New York’s Congestion Pricing Plan Amidst New Jersey Lawsuit

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NEW YORK (AP) – The CEO of the Metropolitan Transportation Authority (MTA) remains confident in the legality and feasibility of New York’s congestion pricing plan, despite a recent lawsuit filed by neighboring New Jersey that could potentially halt the program. Janno Lieber, MTA CEO, expressed his conviction during an interview on CBS’s “The Point with Marcia Cramer” on Sunday, stating that all aspects of the plan have been carefully implemented and are compliant with the law. The congestion pricing plan, proposed by New York officials, aims to toll drivers traveling below 60th Street in Manhattan … Read more

Federal Judge Dismisses Pharmaceutical Industry Lawsuit Over Medicare Drug Pricing Program

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Austin, Texas – A federal judge in Austin has dismissed a lawsuit brought by pharmaceutical industry bodies challenging a new Medicare program that allows the government to negotiate prices for expensive drugs. U.S. District Judge David Ezra, appointed by Ronald Reagan, sided with the Biden administration in throwing out the lawsuit. The Pharmaceutical Research and Manufacturers of America (PhRMA) group and two others had claimed the program was unconstitutional. Under the program, known as the Inflation Reduction Act, the Department of Health and Human Services is authorized to seek lower prices for certain drugs, ultimately … Read more