Topgolf Wins Antitrust Appeal Over Ball-Tracking Tech Merger

Topgolf International Inc. secured its exit from antitrust litigation challenging its acquisition of ball-tracking technology critical to its luxury golf simulation facilities, persuading a federal appeals court in New Orleans to uphold a decision dismissing the case.

The U.S. Court of Appeals for the Fifth Circuit rejected claims that Topgolf’s buyout of Protracer AB, which made the proprietary technology, was part of a scheme to monopolize the golf simulation industry by driving rival startup SureShot Golf Ventures Inc. out of business.

A three-judge panel, writing for the court, ruled that no changed circumstances or novel legal developments justified revisiting a ...