Back in 2008, a class action lawsuit was filed against Electronic Arts claiming that their monopoly-like hold on the NFL video game license was needlessly causing the prices to rise. Well now, four years later, the lawsuit has reached a potential settlement.
A $27 million settlement has been proposed that would offer consumers who have purchased Electronic Arts published NFL, NCAA, or AFL licensed games since 2005 small refunds for their purchases. GameCube, Xbox, and PlayStation 2 titles could receive up to $6.79 per game, and current generation Nintendo Wii, Xbox 360, and PlayStation 3 titles could receive up to $1.95 per game.
The settlement is awaiting court approval but we’ll keep you posted.