WWE rival sues over alleged illegal wrestling monopoly

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FILE PHOTO: Wrestling - WWE Crown Jewel - Tyson Fury v Braun Strowman - King Fahd International Stadium, Riyadh, Saudia Arabia - October 31, 2019 General view before the fight

FILE PHOTO: Wrestling –  General view before the Tyson Fury v Braun Strowman fight in Saudi Arabia. REUTERS/Ahmed Yosri

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.

MLW Media LLC accused WWE and its Chief Executive Vince McMahon of threatening content partners for doing business with MLW, to help protect its 85% share of the U.S. market for professional wrestling broadcasting rights.

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 40% drop in ticket sales after Fox Corp’s Tubi streaming service abandoned a licensing agreement the night before it was to be publicly announced.

MLW also accused Stamford, Connecticut-based WWE of inducing MLW wrestlers to break…

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