Sunday, March 27, 2005

Jets Sue Madison Square Garden

"The New York Jets have sued the owner of Madison Square Garden, claiming it holds a monopoly over major events. The lawsuit claims Cablevision Systems Corp. – the Garden's owner and an opponent of a proposed stadium for the Jets in Manhattan – took steps to exclude any competition, resulting in fewer choices and higher ticket prices for New York fans. It also claims Cablevision has spent millions of dollars on a 'false and misleading disinformation campaign' against the stadium and denied the Jets a chance to 'set the record straight' for New Yorkers by denying them a chance to buy ads on their cable systems."

    Read more here.

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