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The news article "NFL-DirecTV-Monopoly" discusses a legal challenge to an agreement between the National Football League (NFL) and DirecTV giving DirecTV the exclusive right to broadcast out-of-market games. Bar and restaurant owners bringing the lawsuit argue that this arrangement causes them to pay a higher price to show the football games than if there were more video providers than DirecTV. Use supply-and-demand analysis to explain verbally and illustrate graphically whether or not this argument has any microeconomic basis.
Link to article: https://arstechnica.com/tech-policy/2015/07/nfl-directv-colluded-to-raise-prices-of-game-broadcasts-lawsuit-claims/
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