The preliminary approval of a $375 million settlement in the Le et al vs. Zuffa case means fighters from 2010 to 2017 could see significant compensation, despite costs.
The lawsuit alleges that the UFC used its monopsony power in a bid to suppress fighter pay, with the judge noting that fighters' declarations influenced his approval of the settlement.
UFC officials have expressed relief at the decision, stating it is a positive step towards resolving the antitrust lawsuit that has brought significant attention to fighter rights.
Concern over the consequences of monopsony status has been highlighted in various sectors, particularly in relation to corporate acquisitions and the potential harm to market competition through decreased diversity.
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