Fanatics and Panini, two e-commerce sports platforms, have filed lawsuits against each other over licensing rights for NBA and NFL trading cards. The lawsuits allege antitrust violations and unfair business practices, as Fanatics aims to expand its e-commerce merchandise platform to include collectables and sports betting businesses.
E-commerce sports platforms Fanatics and Panini have each filed lawsuits accusing the other of unfair business practices in a fight over licensing rights for NBA and NFL trading cards as Fanatics looks to grow its e-commerce merchandise platform to include collectables and sports betting businesses.... [+]
Panini alleged that it was not “given an opportunity to bid or otherwise compete for the licenses,” and said Fanatics “positioned itself to drive Panini and other potential competitors out of the market”—its lawsuit asks a judge to block Fanatics new deals, require it to divest from Topps and force Fanatics to pay an unspecified amount of monetary damages.
"It was after Fanatic’s won deals with the players’ associations and leagues to make NBA and NFL cards that Panini"launched a campaign of dirty tricks," Fanatic’s countersuit claims, including negotiating a"sham agreement" to terminate licenses early and"disrupt Fanatics Collectibles’ momentum."
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