Plaintiffs in a high-profile antitrust lawsuit against the NCAA said they do not plan to appeal a recent ruling in the case, noting that they are “pleased” with the judge’s decision in a dispute over athlete compensation.
”We are pleased with the court’s findings of fact and conclusions of law,” a representative for the plaintiffs said.
The suit was filed by Ed O’Bannon and later joined by other former NCAA collegiate athletes. US District Judge Claudia Wilken ruled in August that the NCAA violates antitrust law by capping compensation given to certain players; those violations “unreasonably restrain trade,” the judge found.
The NCAA has appealed the decision.
Following the O’Bannon ruling, the NCAA is facing additional antitrust lawsuits that some experts say could upend the business model of college sports.
Full content: USA Today
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