Electronic Arts Settles Antitrust Suit for $27 Million

Electronic Arts Inc. reached a proposed settlement agreement in a class-action lawsuit over whether it violated antitrust laws by establishing exclusive licensing agreements for its football videogames. The agreement, disclosed by Seattle-based class-action law firm Hagens Berman Sobol Shapiro LLP, establishes a $27 million fund for consumers who purchased "Madden" NFL, AFL or NCAA football games published by EA.

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