The Single Entity Status of a Sports League
Stefan Kesenne
Journal of Sports Economics, 2015, vol. 16, issue 8, 811-818
Abstract:
Without dealing with the pure juridical discussions and arguments about a sports league as a single entity, I discuss only the economic consequences of the single entity idea, which I consider only as an attempt to shun North American antitrust laws or E.U. competition laws, in order to monopolize the product market, the player labor market, and the media markets. However, economists know that monopolies are reducing welfare. So who needs that single entity?
Keywords: single entity; natural monopoly; welfare loss; antitrust; competition laws (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:16:y:2015:i:8:p:811-818
DOI: 10.1177/1527002514556614
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