Justice Department probes NFL over antitrust – Business News
The Department of Justice has launched an investigation into the NFL’s doubtlessly anticompetitive practices, amid mounting issues that it has grown too onerous and expensive for sports activities followers to watch their favourite groups, in accordance with a report.
Leagues are at the moment protected against antitrust motion underneath the Sports Broadcasting Act of 1961, which has allowed groups to pool their media rights collectively into large TV packages.
FCC Chair Brendan Carr informed The Post late final month that the NFL might lose its exemptions if it sticks too many stay video games behind paywalls, as followers shell out as a lot as $1,500 a 12 months to watch each professional soccer recreation throughout a number of streaming providers.
The Department of Justice has launched an investigation into the NFL’s doubtlessly anticompetitive practices, in accordance with a report. AP
The nature and scope of the investigation, reported by the Wall Street Journal, weren’t instantly clear.
The NFL and Department of Justice didn’t instantly reply to The Post’s requests for remark.
This is a developing story. Please verify back for updates.
