FTC Closes Investigation Into Zuffa Purchase of Strikeforce

January 31, 2012
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The Federal Trade Commission’s probe into Zuffa’s purchase of Strikeforce has come to a close with no further action being warranted.

According to letters filed on the Federal Trade Commission (FTC) website, the matter was investigated after Zuffa purchased Strikeforce for a reported $34 million dollars in 2011.

The investigation was to see if Zuffa was in violation of Section 7 of the Clayton Act or Section 5 of the Federal Trade Commission Act.

In both cases, the FTC found that Zuffa did no wrong doing in their business dealings to acquire the MMA promotion.

According to the letter issued by Secretary Donald J. Clark, “This action is not to be construed as a determination that a violation may not have occurred, just as the pendency of an investigation should not be construed as a determination that a violation has occurred. The Commission reserves the right to take such further action as the public interest may require”

The FTC was alerted to Zuffa purchasing Strikeforce by a letter from the Culinary Worker’s Union in Sept 2011 claiming the company was violating anti-trust laws.

After the investigation was conducted by the FTC, no such violation was found to have occurred.

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  • bbtakayama

    I wish the UFC would by every organization. Then when we there are prospects coming up, we don’t have to wait for contracts to expire and bla bla bla to see the fights we want. If the UFC could put hotels on Boardwalk and Park Place, I would be much happier with this monopoly.

  • I’m sure this news has broken the hearts of a few anti-Zuffa fan boys. LOL

  • MikeMc1983

    If the UFC wants guys bad enough they can just buy out their contracts. It’s not like guys are getting paid a ton elsewhere anyhow right?

  • Wonder how the Culinary Union feels about this.

    • MikeMc1983

      I bet they’re pretty BEAT up about. They tried to put the BURNER under the ufc, but they got FRIED. They’re going to have to reset the TIMER, and figure out a different RECIPE. A bit of their cash has been STRAINED, but I’m sure they’ll have to check to see if their COOKED. I doubt they haven’t been thinking of something else to STIR the POT, but for now I think they’ll let things SIMMER down. Then, after some time, they’ll get back to SLICEING and DICING.

      I was really bored. Lol. I Could keep going, but I will stop the lamest post in the history of comments. 😉

  • zacharydetal

    I wonder how Phil Baroni likes it.

  • KingSlaughter

    all the UFC needs now is hector lombard and michael chandler…their both in bellator

  • deconstruction

    mikemc1983 your post is pretty funny. you must have been BAKED when you wrote it or maybe SAUCED up. I hope you dont get BOILING mad when you read this.