The US Court of Appeals for the Fourth Circuit held in 23XI Racing LLC v. Nat’l Ass’n for Stockcar Auto Racing, LLC (NASCAR) that the district court abused its discretion in granting a preliminary injunction for plaintiffs against NASCAR. The court held that releasing antitrust claims for past conduct as a condition of doing business is not a recognized antitrust violation, so plaintiffs failed to show that they were likely to succeed on the merits.
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Key Findings: 4th Circuit Vacates Preliminary Injunction Against NASCAR on Antitrust Claims
