Clear Channel would have to pay $90 million in damages under a ruling this week in a federal court, the New York Times reports. It said the company would appeal.
A jury in Chicago ruled that the entertainment company had competed unfairly in fighting to win back a contract to hold Supercross motorcycle races. The jury found Clear Channel not liable in the most serious claim of antitrust behavior.
The story is at:
www.nytimes.com/2005/03/22/business/media/22radios.html?
Jury Says Clear Channel to Pay $90 Million in Motor Sports Case
Jury Says Clear Channel to Pay $90 Million in Motor Sports Case
