NFL Faces $4.7 Billion Fine for Setting High Subscription Prices: Audience Strikes Back

Published on June 28, 2024 at 05:01.

The NFL attacked by its audience. The American football league was condemned on Thursday for having agreed with several broadcasters to set high prices for subscriptions to one of its flagship programs. Found guilty of abuse of a dominant position by a jury following a federal trial, she will have to pay some $4.7 billion in damages, according to several American media.

In 2015, the owners of a San Francisco pub, the Mucky Duck, sued the NFL for its management of the “Sunday Ticket” program, which allows, for a subscription, to see all matches not involving the team(s). local. They criticized the American football league for having taken advantage of its monopoly to establish unjustified prices, with the agreement of the CBS and Fox channels, which broadcast the matches over the air, and the satellite package DirecTV, holder of the rights to “Sunday Ticket”.

Also read: UEFA abused its ‘dominant position’: Super League promoters set to unveil new project

The procedure had been reclassified as a collective action, on behalf of 2.4 million subscribers and 48,000 commercial establishments.

NFL Considers Appeal

Thursday’s verdict could threaten the NFL’s seven-year, $14 billion contract with current “Sunday Ticket” broadcaster YouTube, which took over from DirecTV last year.

The league has announced its intention to challenge this decision in court. The parties can submit appeals, which will be considered by Federal Judge Philip Gutierrez at the end of July. The magistrate will then have to decide whether the verdict should be confirmed, annulled or modified.

If confirmed, federal law provides for a tripling of damages, which would bring the amount owed by the NFL to $14 billion.

2024-06-28 03:01:40
#United #States #NFL #ordered #pay #billion #damages #abuse #dominant #position

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *