Most sports game fans are none too happy about EA's monopolization of the NFL -- but only because of the limited choice of official football games they're afforded. A little over a month ago, two game enthusiasts, Geoffrey Pecover and Jeffrey Lawrence, filed a class-action suit against EA
-- not due to the loss of fun
that resulted following the eradication of the competing NFL 2K franchise
, but rather, due to the loss of funds
The two men called University of Michigan economics professor Dr. Jeffrey MacKie-Mason (for those keeping count, that's three Jeffs in this story so far) as a witness in the case. His findings, which he admits are based on incomplete data, are shocking -- he claims that with no direct competitor, EA was able to raise the price on the Madden
series. By his estimate, EA effectively overcharged the game's purchasers between $701 million and $926 million from 2006 to 2009.
Wedbush analyst and Joystiq celebrity
Michael Pachter responded to the estimate with vitriol
, claiming that the professor had based his claims on faulty figures -- for instance, EA only made about $800 million off the Madden
franchise during that period, and the series' average price only increased by a few cents after the NFL 2K
series bit the dust. Thanks for the clarification, Pachy -- but we could have guessed the estimates were bunko. A billion dollars is a difficult thing to take from a group with such a keen eye
for acts of corporate Ledgermain.