Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Michael Jordan's attorney, Jeffrey Kessler, says NASCAR's legal arguments are a "fantasy" as Kessler compares NASCAR to the NCAA, which Kessler defeated in the Alston case. More legal drama in the antitrust case featuring billionaire parties: https://t.co/TWcJujF3Ui.
"NASCAR's motion to dismiss is a fantasy," begins a response from 23XI and Front Row in making a case for why a federal judge should allow the antitrust lawsuit against the sanctioning body and Jim France to proceed Breakdown and full documents below https://t.co/SKD0N81CXi
And basic NASCAR response is elite stock-car racing is too narrow a definition of a market in determining antitrust, that the market incl at the very least other racing series/motorsports. And just b/c 23XI/FRM disliked charter terms, NASCAR can't be forced to do business w/them. https://t.co/ZjRIAVbfZe
Fubo's anticompetition lawsuit against Disney, Fox, and Warner Bros. Discovery (WBD) is progressing after a judge denied a motion to dismiss the case. In a separate legal matter, NASCAR is facing a challenge from 23XI Racing and Front Row Motorsports (FRM), who filed a brief opposing NASCAR's motion to dismiss their antitrust lawsuit. The teams argue that NASCAR's control over tracks and supplier agreements restricts competition within the market. Additionally, they assert that if the judge does not dismiss the case, discovery will commence, allowing access to documents and financials. NASCAR's response claims that defining elite stock-car racing as a narrow market is incorrect, and they cannot be compelled to alter their business practices based on the teams' dissatisfaction with charter terms. Michael Jordan's attorney, Jeffrey Kessler, has characterized NASCAR's legal arguments as a
