A federal court judge has ruled that an antitrust lawsuit against the NCAA may proceed. The suit, lead by former UCLA basketball player Ed O’Bannon, is looking to receive compensation for NCAA players for the billions of dollars the Athletic Association has made through television coverage of football and basketball games. Judge Claudia Wilken has overruled the NCAA’s motion to prevent the lawsuit, saying that the players may pursue the funds. Some say that if the NCAA loses this case, the effects could be “beyond costly” – it has reportedly invested $20 million into the case for defense. Joining the defense is also the Collegiate Licensing Company, which controls the appearance of nearly every team’s logos on athletic merchandise.
Full Content: Bloguin
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI