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The episode discusses a judge throwing out a $4.7 billion verdict against the NFL in an antitrust lawsuit over the league's distribution of out-of-market Sunday games. Jennifer Rie, a senior litigation analyst at Bloomberg Intelligence, explains that the judge excluded testimony from two expert witnesses and found that the jury improperly calculated damages. She suggests that a new trial on damages is likely if the plaintiffs appeal.
The episode also covers the Kids Online Safety Act, which was recently passed by the Senate. Professor Eric Goldman from Santa Clara University Law School raises concerns about the bill, arguing that it would violate the First Amendment, harm children's ability to access information online, and create incentives for companies to exclude children from their platforms.
Goldman criticizes the bill for its inability to determine when a user is a child, its attempt to regulate how online content is published, and its assumption that the internet is always harmful to children. He believes the bill is fundamentally flawed and that the courts will likely intervene if it becomes law.
Key Episodes Takeaways
- A judge overturned a $4.7 billion verdict against the NFL in an antitrust case, citing issues with expert testimony and damage calculations.
- The Kids Online Safety Act, recently passed by the Senate, faces criticism for potentially violating free speech and limiting children's online access.
- Legal experts raise concerns about the bill's inability to determine when a user is a child and its attempt to regulate online content presentation.
- The bill assumes online platforms are inherently harmful to children, ignoring potential benefits.
- Implementation and enforcement of the bill could be challenging for agencies like the FTC.
- The Kroger-Albertsons merger faces FTC opposition due to concerns over reduced competition in local grocery markets.
- A judge ruled that Google illegally monopolized the search market through exclusive distribution agreements.
- Experts believe flawed legislation may require court intervention to preserve a functional internet.
Top Episodes Quotes
“The trial evidence firmly established that Google's monopoly power, maintained by the exclusive distribution agreements, has enabled Google to increase text ads prices without any meaningful competitive constraints.“ by June Grasso
― This quote is relevant because it summarizes the key finding in the judge's ruling against Google's monopoly in the search market.“If the doors start closing to children online, I think in the end, children get the worst deal of that. That actually is not good for children, it's not good for society.“ by Eric Goldman
― This quote highlights Eric Goldman's concern that the Kids Online Safety Act could inadvertently harm children by limiting their access to online resources and communities.“So what the FTC has said is, look, that is the problem here. Now they've made some other allegations, but really the primary issue here is horizontal competition and areas where it's overly concentrated. And the concentration numbers give the FTC a presumption of harm from this deal.“ by Jennifer Rhee
― This quote summarizes the FTC's key argument in opposing the Kroger-Albertsons merger, which is the concern over reduced competition and market concentration in certain local grocery markets.
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Episode Information
Bloomberg Law
Bloomberg
8/5/24
Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst, discusses a judge throwing out the $4.7 billion Sunday ticket award against the NFL. Eric Goldman, a professor at Santa Clara University School of Law and co-director of the High Tech Law Institute, discusses the Senate Passing the Kid’s Online Safety Act. June Grasso hosts.
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