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In a significant development for the trading card industry, a federal court has allowed Panini's antitrust lawsuit against Fanatics to proceed. The ruling comes after a judge found that Fanatics conspired with the NFL Players Association (NFLPA) and Major League Baseball Players Association (MLBPA) to license trading cards exclusively. Both companies have been involved in legal disputes since 2023, with Fanatics also filing a countersuit against Panini. The judge declined to consolidate the two cases, meaning that discovery will move forward for both lawsuits. The outcome of these cases could have major implications for the future of the trading card market, with increased stakes for both parties as they navigate this legal battle.
Big industry news: Panini’s antitrust lawsuit against Fanatics can proceed, Fanatics’ countersuit also full steam ahead. A showdown of the ages to determine the future of the card industry is still on track. https://t.co/rcyXKgnDwI
In 2023, Fanatics & Panini sued each other over the market for trading cards and licenses. A judge today advanced both cases past motions to dismiss—so discovery awaits—and refused to consolidate the cases. @novy_williams & I detail what this all means: https://t.co/fPSnTWM3LV.
In an antitrust lawsuit filed by Panini, the federal court finds that Fanatics conspired with NFLPA, MLBPA to license trading cards on an exclusive basis. https://t.co/yg11GPWYd3
