Fanatics Inc. is facing a suit claiming it violated antitrust laws by monopolizing the sports trading card market and blocking a rival from competing in the industry.
Fanatics deployed a strategy of “calculated, intentional, anticompetitive conduct to monopolize the markets for major U.S. professional sports leagues trading cards,” competitor Panini America Inc. said in a complaint filed Thursday in the US District Court for the Middle District of Florida.
Fanatics, which entered the trading cards market in 2021, signed exclusive deals for licenses with the NFL, NBA, and MLB as well as their respective players associations that “unreasonably restrain competition ...
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