Dick's Sporting Goods settles FTC charges of market allocation | Practical Law

Dick's Sporting Goods settles FTC charges of market allocation | Practical Law

On 9 October 2008, the US Federal Trade Commission (FTC) announced that it had charged Golf Galaxy, a Dick's Sporting Goods subsidiary, with violating federal antitrust laws by agreeing with competitor Golf Canada to divide the market for the sale of golf merchandise in the United States and Canada. To settle these charges, the FTC also announced a consent agreement with Dick's Sporting Goods (Dick's) preventing Dick's from enforcing non-compete terms in the firms' agreement and from further market allocation.

Dick's Sporting Goods settles FTC charges of market allocation

Practical Law UK Legal Update 4-383-9310 (Approx. 3 pages)

Dick's Sporting Goods settles FTC charges of market allocation

by Practical Law
Law stated as at 09 Oct 2008USA (National/Federal)
On 9 October 2008, the US Federal Trade Commission (FTC) announced that it had charged Golf Galaxy, a Dick's Sporting Goods subsidiary, with violating federal antitrust laws by agreeing with competitor Golf Canada to divide the market for the sale of golf merchandise in the United States and Canada. To settle these charges, the FTC also announced a consent agreement with Dick's Sporting Goods (Dick's) preventing Dick's from enforcing non-compete terms in the firms' agreement and from further market allocation.