Pay-TV operator Sky is seeking up to €1.9bn in damages from Telecom Italia (TIM) and sports streamer platform DAZN over a 2021 Serie A football deal, according to a Reuters report.
The Reuters report was later validated by TIM in documents released for its Q1 earnings report.
Sky alleges that it suffered losses due to a breach of antitrust rules linked to a 2021 deal between TIM and DAZN to distribute Serie A football matches.
Sky filed a lawsuit with a Milan court in recent weeks, according to Reuters, after a ruling by Italy's antitrust authority in 2023 found that the TIM-DAZN agreement restricted competition for Serie A rights for the 2021-2024 period.
DAZN paid €2.5bn in 2021 for rights to screen all Serie A soccer matches in Italy over the next three seasons, and then struck a distribution partnership with TIM.
Sky argues in its claim that the deal between TIM and DAZN was designed to exclude it from the market and is seeking €1.1bn in compensation for lost profit, TIM said. The total could rise to as much as €1.9bn due to interest payments and damages linked to brand devaluation.
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