Major League Wrestling sued WWE intentional interference with contractual relations and prospective economic relations as well as violations of federal antitrust law
Major League Wrestling on Tuesday sued WWE for “unlawfully interfering with MLW’s access to media markets.” The competing professional wrestling outfit alleged WWE pressured third parties to abandon contracts and prospective relationships with MLW.
“WWE has been wrongfully depriving its competitors of critical opportunities for many years, but its latest conduct has been even more unconscionable,” said MLW CEO Court Bauer in a statement. “I think we speak for the rest of the professional wrestling world when we say that this anti-competitive behavior has to stop.”
“WWE’s wrongful interference with the Tubi/MLW agreement reversed the momentum the company had been generating with fans, cutting off MLW’s access to a broader fan base and leading to event cancellations and delays, resulting in a 40% drop in ticket sales within weeks and a substantial decline in MLW’s valuation,”
“As a result of WWE’s interference with MLW’s ability to retain media rights, MLW’s brand recognition has declined and will continue to decline, it has lost and will continue to lose its valuable talent, and its business will be destroyed,”
WWE said in a statement, “WWE believes these claims have no merit and intends to vigorously defend itself against them.”https://www.firstcomicsnews.com/major-league-wrestling-sued-wwe-intentional-interference-with-contractual-relations-and-prospective-economic-relations-as-well-as-violations-of-federal-antitrust-law/https://www.firstcomicsnews.com/wp-content/uploads/2017/12/MLW-logo-600x257.pnghttps://www.firstcomicsnews.com/wp-content/uploads/2017/12/MLW-logo-150x64.pngNewsWrestling News