1.1. how do you think a Supreme court ruling favorable to the nFl would have affected nFl...
Question:
1.1. how do you think a Supreme court ruling favorable to the nFl would have affected nFl ticket prices and broadcasting options? In 2004, American Needle, a headwear manufacturing company, filed a lawsuit against the National Football League
(NFL) for breach of antitrust laws. This was a response to NFL’s decision in 2000 to grant full and exclusive licensing rights to Reebok for producing NFL-brand clothing items for all teams. An interim ruling in 2008 by the Court of Appeals favored NFL, but in 2010, the Supreme Court voted unanimously that the NFL consists of 32 independent entities that compete not only on the field, but also in their business transactions, thus, rejecting the rationale of it being a “single
(business) entity” that competes with other sports and entertainment organizations. In 2015, American Needle settled out of court with the NFL, and it is no longer a part of the NFL market.
Step by Step Answer:
Principles Of Economics
ISBN: 9780802845610
12 Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster