Illinois AG Cheers $82.5 Million Proposed Settlement with Varsity Brands
Illinois AG Kwame Raoul joined a $82.5 million proposed antitrust settlement with Varsity Brands LLC and related entities and individuals (collectively, “Varsity”), to resolve allegations that Varsity monopolized the markets for cheer competitions, camps, and apparel. According to the AG’s office, Varsity engaged in an exclusionary scheme to acquire, maintain, and enhance its monopoly in…