NFL hit with $4.7 billion verdict in ‘Sunday Ticket' antitrust trial [CNN]
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Source: CNN
Jurors in Los Angeles agreed with the plaintiffs that the NFL conspired with member teams to artificially inflate the price of “Sunday Ticket” for millions of residential and commercial subscribers. The jury awarded $4.6 billion to a residential class, and $96 million to commercial subscribers such as bars and restaurants, according to an attorney for the plaintiffs. A judge could award triple damages under US antitrust law, bringing the total judgment to more than $14 billion. The NFL in a statement said it was disappointed by the jury's verdict. “We will certainly contest this decision as we believe that the class action claims in this case are baseless and without merit,” it said. Ad Feedback The NFL earlier this week asked the court to rule for the league and its teams as a matter of law, which could nullify the verdict. Attorneys for the plaintiffs in a statement on Thursday said: “We are pleased with today's result on behalf of the classes we represent.” Ad Feedba
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