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Bloomberg Law
NFL Wants $4.7 Billion Verdict Tossed & Boeing Plea Deal
Jul 10, 2024
Bloomberg Intelligence's Jennifer Rie and Romano Law's Andres Munoz discuss the NFL's $4.7 billion verdict dispute and Boeing's plea deal. Topics include antitrust cases, regulatory challenges in tech mergers, and Boeing's measures post-plea agreement, with insights on legal battles and market scrutiny.
39:10
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Quick takeaways
- NFL faces $4.7 billion lawsuit over anti-competitive practices in telecast rights.
- FTC focuses on challenging non-competing mergers and defining markets for competition impact assessment.
Deep dives
Federal Lawsuit Against the NFL for Sunday Ticket Pricing
A class-action antitrust lawsuit was filed against the NFL regarding Sunday Ticket pricing, accusing the NFL of anti-competitive practices. The plaintiffs argued that pooling telecast rights led to inflated prices for out-of-market games. Despite similar cases against MLB and NHL being settled, this case against the NFL involved a jury awarding over $4 billion in damages, potentially tripling to $14 billion, raising questions about licensing practices and competition.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode