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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
Persistent link: https://www.econbiz.de/10010425795
Financial regulation in sports is usually discussed in the context of representing an instrument against "financial doping". Notwithstanding the merits of this discussion, this paper takes the opposite perspective and analyses how market-internal financial regulation itself may anticompetitively...
Persistent link: https://www.econbiz.de/10011750279
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...
Persistent link: https://www.econbiz.de/10011750292
Financial regulation in sports is usually discussed in the context of representing an instrument against “financial doping”. Notwithstanding the merits of this discussion, this paper takes the opposite perspective and analyses how market-internal financial regulation itself may...
Persistent link: https://www.econbiz.de/10014512397
This comment addresses the opinion of the Advocate General (AG) of the European Court of Justice on the pending case European Super League versus UEFA/FIFA. It takes a critical perspective on selected aspects of the opinion’s reasoning from a (sports) economics perspective. Highlighting the...
Persistent link: https://www.econbiz.de/10013539261
Dieser Beitrag beleuchtet drei zentrale Diskussionsbereiche mit Blick auf die Anwendung des Wettbewerbsrechts auf kommerzialisierte Sportmärkte im Allgemeinen und Märkte für den europäischen Spitzenfußball im Speziellen. Hierbei handelt es sich um die wettbewerbspolitische und...
Persistent link: https://www.econbiz.de/10013542662
Persistent link: https://www.econbiz.de/10011334496
"Financial Regulation and International Competitiveness: The Case of the German Bundesliga": The paper discusses the intensively discussed problem of financial crisis, overburdening debts and insolvencies in professional European football. The academic literature identifies several special...
Persistent link: https://www.econbiz.de/10009764076
Persistent link: https://www.econbiz.de/10009761558