World Wrestling Entertainment Inc was sued on Tuesday by a smaller rival that accused it of violating federal antitrust law by monopolizing the professional wrestling market.
The Mamaroneck, New York-based plaintiff said WWE's interference in 2021 caused Vice TV to end talks to air new MLW content, and led to a 40per cent drop in ticket sales after Fox Corp's Tubi streaming service abandoned a licensing agreement the night before it was to be publicly announced. WWE's"pattern of predatory and exclusionary conduct" reduces competition and irreparably harms consumers by depriving them of content and keeping prices high, MLW said in its complaint filed in San Francisco federal court.
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