We have choices we can go wherever we want..butSprint, AT&T, Verizon all got together..can’t shop anywhere else..may have different names but in background it’s all same company..different prices, designs,
Can’t buy up smaller companies…can offer a lot of products and be a big corporation…NBC/Comcast had to go to court..had to see if what was happening was considered a monopoly..people can’t just agree to join forces, has to go through court to make sure it’s not turning something into a monopoly
What is antitrust?<br />2 Sections of Definition<br />Section 1: <br />Every contract, combination, or conspiracy that restricts free trade is illegal<br />
What does this mean?<br />Everyone likes choices<br />Nobody wants to be forced to only have to deal with one company or brand<br />
Antitrust continued<br />Section 2:<br />Every person who monopolizes, attempts to monopolize, combines, or conspires with any other person to monopolize any part of interstate or foreign commerce is guilty of a felony<br />=<br />
In Other words…<br />It’s ok to be a large corporation and offer a lot of products, but the large company can’t keep buying up smaller companies<br />Large companies can’t just join forces – they have to go through court to make sure it is not a monopoly<br />
Why is antitrust important?<br />Choices<br />With choices comes different prices, designs, etc.<br />Helps restrict forcing consumers into something they don’t want<br />
What are they?<br />Contracts that results from collective bargaining negotiations in which employees through their union and employers through a management negotiating team negotiate over mandatory subjects of bargaining<br />
What does that mean?<br />Collective Bargaining Agreements are contracts which represent one round of bargaining negotiations between employer (management) & employees (union)<br />The two sides work together and compromise and negotiate these contracts that include the mandatory subjects<br />
Mandatory subjects of collective bargaining<br />Items that are “plainly germane to the ‘working environment’ and not those ‘managerial decisions which lie at the core of entrepreneurial control” – (Ford Motor Co. v. NLRB at 498, 1979)<br />
Hours<br />The Mandatory Subject of Hours includes:<br />Any time spent at work<br />In Professional Sport:<br />Training Camp<br />Practices<br />Season<br />Schedule<br />Number of Games<br />
Wages<br />The Mandatory Subject of Wagesincludes:<br />Salaries<br />Bonuses<br />Severance<br />Termination Pay<br />Fringe benefits: life or disability insurance, health coverage, and practically anything else with monetary value<br />
Terms & Conditions of employment<br />The Mandatory Subject of Terms & Conditions includes:<br />Remaining provisions in an employer’s work life<br />Seniority<br />Medical Issues<br />Grievance arbitration provisions<br />Drug-Testing Provisions<br />Safety Concerns<br />
Provisions that affect more than one mandatory subject<br />The Draft:<br />Affects mandatory subject of wages – <br />what team the player is drafted to and how vital to the team they are affects salary<br />Affects terms & conditions – <br />the geographical location of the team and playing time<br />
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