Mark Hunt’s UFC story has been a phenomenal one. The giant Kiwi...
FTC Investigation Into Zuffa Business Practices Ends With No Action Taken
The Federal Trade Commission investigation into the business practices of UFC parent company Zuffa has been closed. In a letter posted on the official FTC website,
“is not to be construed as a determination that a violation may not have occurred. Accordingly, the investigation has been closed.”
Now that we know the UFC is not a ESPN “Monopoly” thanks to the diligent investigation by the FTC. We can now move forward with what should a great card this weekend in Vegas – UFC 143 “Diaz vs. Condit. Lorenzo Fertitta:
“There’s plenty of competition and there’s literally no barrier to entry. Anybody who wants to get in the business, they can go file for a promoter’s license, put up some capital, go sign some fighters and go get a television contract. There’s plenty of options there, too. It’s a wide open market for anybody who wants to get involved.”