We have been able to confirm that the suit will be based on accusations that the UFC has violated antitrust laws by abusing their "market power" to intentionally and systematically cripple the free market. Several of the individuals we spoke to compared it to the recent San Jose hi-tech employee and NCAA antitrust cases. The manager of one high profile fighter who wished to remain anonymous has informed Bloody Elbow that the plaintiffs will be seeking damages for potentially hundreds of millions of dollars due to reduced fight purses, video game rights fees, and other sources of income. The final amount could even be greater, with statutes awarding "treble damages" in antitrust cases.
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According to our sources the fighters are represented by three or four large firms renowned for antitrust litigation. The firms named to us have won major class action antitrust cases against bigger targets than the UFC, including against those in the banking, credit, technology and pharmaceutical industries.
As one well known former fighter told us "These are major players. These are not people [the UFC] will be able to out-spend."