The American Antitrust Institute has petitioned the FTC and the Department of Justice to investigate the NCAA's purchase of it's lone competitor in post-season basketball, the NIT. And just to make sure, they threw in New York AG Elliot Spitzer - I presume on the off chance that he's running low on Wall Street cases and needs a high profile lawsuit to fuel his publicity machine.
Antitrust complaints of this sort typically draw a big yawn from me, but it's at least amusing when "America's best monopoly" is involved (source: Robert Barro). So I'm sympathetic to the complaint, as my update to this earlier commentary suggests. But given the politics involved, I don't see much coming from it. Thanks to the "haiku ethicists" at Harvard Law for the link.