Two Brown University hoopers claimed the Ivy League violates federal antitrust law through a pact between the member universities to not offer athletic scholarships, but a federal appeals court found they had not properly defined the relevant market for their claims of anticompetitive effects.
MANHATTAN (CN) — A New York federal appeals court on Thursday refused to overturn the dismissal of antitrust claims brought by two Brown University students who claim the Ivy League division’s longstanding prohibition on athletic scholarships and compensation amounts to illegal price fixing in violation of federal antitrust law.
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