Probe of Collegiate Licensing Industry

The Justice Department has started a probe of the multibillion-dollar collegiate licensing industry, USA Today reported. The IMG College Licensing Company -- the dominant player in the field -- confirmed that it is cooperating with an investigation into how colleges market their logos and names for the sale of clothing and other items. Details of the inquiry were not available, but some have charged that IMG and colleges have tried to limit the number of manufacturers in the field.