EA Football Price-Fixing Lawsuit Settlement Announced
Back in 2008 a lawsuit was filed against Electronic Arts which claimed that they company was violating consumer protection laws because of it’s exclusive agreements with the National Football League (NFL), National Collegiate Athletic Association (NCAA), and the Arena Football League (AFL).
This in turn gave EA a monopoly over the titles and they could charge any sum for their games. As a result this caused prices of NFL games to needlessly rise.
A possible $27 million settlement has been proposed in court that would offer a refund to any one who has previously bought an EA published NFL, NCAA, or AFL licensed game.
This results in a $6.79 refund on Xbox and Playstation 2 titles, while current generation consoles (Xbox 360, PS3, Wii) get up to $1.95 per game.
The proposed settlement also states that EA will no longer have an exclusive license with the AFL for the next five year, nor will it renew it’s contract with the NCAA which expires in in the next 2 years.
The proposed settlement is yet to be approved by the court.
Source. Business Wire