An interesting class-action lawsuit has been brought against EA Sports, the makers of the popular Madden NFL video game series. The lawsuit brought forward by the law firm of Hagens Berman Sobol Shapiro represents all Madden purchasers and contends that and I quote "the company engaged in unlawful and anticompetitive agreements that monopolized the market for football videogames and nearly doubled the price of its popular game."
This story really starts in 2004 when EA Sports and the Madden faced a slight competitive threat from the makers of the NFL 2K series. The NFL 2K series were at that point licensed to use NFL player name and likenesses and they successfully targeted the market by pricing their product at $19.99USD, well below the price of the Madden games. Madden responded by significantly lowering their prices and eventually when EA Sports secured exclusive rights to NFL players and their likenesses the threat went away. It was at this point that EA Sports raised the price of Madden games back to the levels they currently are, at a high of $59.95.
Let's see where this lawsuit goes and how the prices of the Madden series if any are affected.
This story really starts in 2004 when EA Sports and the Madden faced a slight competitive threat from the makers of the NFL 2K series. The NFL 2K series were at that point licensed to use NFL player name and likenesses and they successfully targeted the market by pricing their product at $19.99USD, well below the price of the Madden games. Madden responded by significantly lowering their prices and eventually when EA Sports secured exclusive rights to NFL players and their likenesses the threat went away. It was at this point that EA Sports raised the price of Madden games back to the levels they currently are, at a high of $59.95.
Let's see where this lawsuit goes and how the prices of the Madden series if any are affected.
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