Antitrust Law Source

Tag Archives: Sherman Act

Knockout blow by UFC fighters?

In Le v. Zuffa, LLC , 11 professional mixed martial arts fighters are pursuing antitrust claims in the U.S. District Court for the District of Nevada against Zuffa, LLC, who operates the popular professional mixed martial arts league known as the Ultimate Fighting Championship, or UFC. Brought as a class action, plaintiffs seek monetary damages and injunctive relief because the UFC allegedly denied them other avenues to sell their services. The UFC is alleged to have gained market dominance by acquiring competing promoters and shutting them down. The plaintiffs also claim that the UFC forced them to enter into contracts …

Judge finds anti-steering rules to be anti-competitive

Last Thursday, a federal district court judge found that American Express Co.’s anti-steering rules violated U.S. antitrust laws by barring merchants from encouraging customers to use other credit cards. The ruling not only handed a victory to the U.S. Department of Justice (DOJ) and the 17 state attorneys general bringing the suit, but may also, coupled with the DOJ’s earlier settlements with Visa Inc. and MasterCard Inc., have a major impact on the relationship between U.S. merchants and credit card companies in the future.

Each time a customer uses a credit card, a merchant pays a fee to the credit …