Michael Jordan, others reach antitrust lawsuit settlement with NASCAR
Rdrnews
Michael Jordan and other plaintiffs reached a settlement with NASCAR in an antitrust lawsuit regarding team charters.Summary
An antitrust lawsuit against NASCAR, brought by two race teams including one co-owned by Michael Jordan, concluded on December 11th with a settlement. The lawsuit alleged monopolistic practices by NASCAR. As part of the agreement, NASCAR will make the charters – a key component of its business model – permanent for all teams. This resolves the dispute and provides stability for the teams involved.
(Source：Rdrnews)