Major League Wrestling Accuses Stamford Based WWE for Antitrust Violations
This just in from the website bleachherreport.com, Major League Wrestling (MLW) has filed an antitrust lawsuit against World Wrestling Entertainment, claiming WWE has made "ongoing attempts to undermine competition in and monopolize the professional wrestling market by interfering with MLW's contracts and business prospects."
MLW states that WWE's interference has led to the breakdown of a streaming deal that could financially help the company grow its brand. They've also said that WWE is pressuring MLW wrestlers to break exclusive contracts.
MLW claims that WWE has caused their five-year drop in the popularity of their programs and is trying to destroy their company. MLW states that the purpose of their lawsuit is "to recover its losses due to WWE's interference and to enjoin WWE from future interference."
WWE vehemently denied the allegations by saying they have no merit. MLW answered by citing specific examples claiming WWE was responsible for Vice TV ending talks to air new MLW content.
I've never been a fan of professional wrestling, but I remember my son, Ethan, being a fan of Hulk Hogan, the most popular wrestler in the '80s. One Christmas, we gave him a stuffed Hulk Hogan doll, and every once in a while, we could hear Ethan yelling from his bedroom, "Do you want a piece of me, Hogan?!!" At that point, we could listen to the Hulkster being thrown up against the wall!