CAF Resolves $1.5 Billion Broadcast Contract Probe with COMESA Settlement

The Confederation of African Football (CAF) has settled an investigation concerning its broadcast agreements with Qatari network beIN and French conglomerate Lagardère Group. The investigation, initiated by COMESA’s competition commission in 2017, scrutinized media and marketing contracts valued at over $1.5 billion. The resolution includes a payment of $600,000 without any admission of liability by the parties involved. Legal guidance during this process was provided by law firms Bowmans and Meysan, which represented different parties in the matter. For further details, the original article can be accessed on Law.com.