Law360, New York (April 10, 2007, 12:00 AM ET) -- The owners of a Monaco-based tennis tournament have served men’s professional tennis association ATP Tour Inc. with a lawsuit alleging that the planned changes to its tournament system are anti-competitive, the second complaint of its kind filed against the tennis giant.
Monte-Carlo Country Club and Societé Monégasque Pour L’Exploitation Du Tournoi De Tennis (SMET), which together own and run the 100-plus-year-old ATP Masters Series Monte-Carlo, claim that the ATP’s new tournament rules will stifle competition and lead to the formation of cartel that would block out...