Aussie sports travel company wins legal battle against $50b US giant

A company in which hip-hop icon Jay Z invested in was found to have infringed on trademarks owned by an Australian company after a long legal battle in the Australian Federal Court.

The USD$31 billion company, Fanatics LLC, was determined to have violated the FANATICS trademarks, an Aussie-owned sports travel company.

The ruling marks a significant development in the long-running dispute dating back to 2010 between the two entities.

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