Selvaggi, Marianao; Vasconcelos, Luis - Faculdade de Economia, Universidade Nova de Lisboa - 2006
We examine the impact of agreements that prohibit "superstars" from switching their services to rivals on firms' ability to collude. Exclusivity (or non-compete) clauses are not uncommon in the sports,entertainment and professional services industries, but courts often refrain from enforcing...