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In this paper, we discuss from an economic perspective two alternative views of restrictions of competition by sports associations. The horizontal approach views such restrictions as an agreement among the participants of a sports league with the sports association merely representing an...
Persistent link: https://www.econbiz.de/10010257231
This paper provides an economic analysis of the competition effects of UEFA's financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant...
Persistent link: https://www.econbiz.de/10010257232
Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades of empirical research have not been successful in establishing clear evidence for the...
Persistent link: https://www.econbiz.de/10013099219
This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School, George Mason University in response to the Anti-Monopoly Commission of the State Council of the People's Republic of China's public consultation on its draft Anti-Monopoly Guidelines Against Abuse of...
Persistent link: https://www.econbiz.de/10012958710
This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School, George Mason University in response to the Legislative Affairs Commission of the Standing Committee of the National People's Congress of the People's Republic of China's public consultation on the February...
Persistent link: https://www.econbiz.de/10012960691
Can competition of competition laws be a feasible concept that should play an important role in an international order for the worldwide protection of competition? The authors will introduce four different types of regulatory competition that allow for a more differentiated analysis of...
Persistent link: https://www.econbiz.de/10012766714
The collective sale of football broadcasting rights constitutes a cartel, which, in the European Union, is only allowed if it complies with a number of conditions and obligations, inter alia, partial unbundling and the no-single-buyer rule. These regulations were defined with traditional...
Persistent link: https://www.econbiz.de/10012866938
This paper provides an economic analysis of the competition effects of UEFA's financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant...
Persistent link: https://www.econbiz.de/10013057029