Price fixing suit to go forward

A federal judge has ruled that a lawsuit accusing NASCAR of antitrust price fixing will go forward to trial. NASCAR’s Motion to Dismiss was denied. The lawsuit charges that NASCAR participated in a conspiracy to fix the price of souvenirs and merchandise sold at stock car races. The lawsuit charges that NASCAR “implemented the conspiracy by circulating price lists to vendors, meeting secretly, monitoring vendors’ prices, and disciplining vendors who violated the price-fixing agreement.” The conspiracy began as early as 1991, the complainant charges. The lawsuit contends that NASCAR entered into agreements to fix the minimum prices of souvenirs and merchandise sold at NASCAR racing. The decision was issued by the U.S. District Court for the Northern District of Georgia in the lawsuit of: In re: Motorsports Merchandise Antitrust Litigation, D.C.. N. Ga, No. 1:97-cv-2314-TWT, 3-20-98. The decision was reported in the April 16, 1998 issue of Antitrust & Trade Regulation Report, BNA, Vol 74, No 1856.(Beserver)(5-7-98)