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Jury says NFL must pay $4.7B in damages in Sunday Ticket case, Bloomberg says

The National Football League will have to pay roughly $4.7B in damages, a figure that could potentially be tripled under federal law, after losing a case over anticompetitive features of its NFL Sunday Ticket broadcasting package, Bloomberg’s Ali Juell and Rachel Graf report. A jury in Los Angeles federal court determined that the league conspired with DirecTV (T) to increase the price of subscriptions to watch away games, the authors say. The league and its teams made the unusual move to fight the consumer class-action lawsuit at trial rather than negotiate a settlement, the authors note. Companies that broadcast NFL games include Disney (DIS), Comcast (CMCSA), Fox Corp. (FOXA), Amazon (AMZN), and Paramount (PARA).

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