Pacific Surf Designs Files Antitrust and RICO Lawsuit Against Whitewater West Industries, Aquatic Development Group, and Specific Executives Regarding Unlawful Monopolistic Conduct and Racketeering in the Sheet Wave Industry
Retrieved on:
Friday, July 31, 2020
The suit contains six causes of action, including unlawful monopolistic conduct, unlawful agreements to restrain trade, illegal racketeering, and conspiracy.
Key Points:
- The suit contains six causes of action, including unlawful monopolistic conduct, unlawful agreements to restrain trade, illegal racketeering, and conspiracy.
- PSD alleges that, since the inception of the sheet wave market, over 91% of the sheet wave machines installed worldwide have been Whitewaters Flowrider machine and that Whitewater acts as an illegal monopoly that controls the sheet wave market through unlawful conduct and illegal agreements.
- In addition, PSD alleges that Whitewater and ADG together control over 97% of the U.S. municipal market for sheet wave machines.
- PACIFIC SURF DESIGNS, INC., based in San Diego, manufactures the highest quality custom-designed sheet wave surf simulators serving the waterpark, leisure, entertainment and retail industries.