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Practices and conducts in professional and even amateur sports can be subject to competition laws as soon as commercial activities are involved. From an economic perspective, this implies that both directly commercial activities like the sale of broadcasting/media rights and indirectly...
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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...
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We analyze how the Bosman ruling affected the market for star players and talent development in the European football market. We develop a model with sports competition and endogenous ownership of star players in which we show how the stiffer bidding competition over star players after the...
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Professional sports leagues in Europe and the United States exhibit many differences. Among others such as the existence of mechanisms providing dis- incentives for spending (e.g. salary caps) the fundamental difference is the organizational arrangement of clubs and the governing body of the...
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In a complete information auction, two integrated broadcasters bid for exclusive TV-rights to a sports league (e.g. the English Premier League), with two potential externalities: receipts feed through to the two league clubs who choose player expenditures, possibly enhancing league quality and...
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