Law.slidecast1

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Law.slidecast1

  1. 1. Sport Law Slidecast #1 Brendan McCarthy
  2. 2. Antitrust defined <ul><li>Dictionary.com states: Opposing or intended to regulate business monopolies, such as trusts or cartels, especially in the interest of promoting competition </li></ul>
  3. 3. Antitrust laws in Professional sports <ul><li>There are many laws that can be looked at in professional sports. </li></ul><ul><li>Pro sports are unique because although teams are in competition, they are also in joint within leagues. </li></ul><ul><li>The book states that the big sports have all had issues with the antitrust laws such as lockouts and strikes that have been boiled down from these laws. </li></ul><ul><li>Creating a competitive balance is key to keeping the fans interested. </li></ul>
  4. 4. Antitrust laws help competitive balance <ul><li>Competitive balance helps fans stay interested </li></ul><ul><li>With leagues maintaining this idea, it keeps the uncertainty of outcome high </li></ul><ul><li>Helps with entertainment. </li></ul>
  5. 5. Antitrust laws applied to conventional businesses <ul><li>NIKE, Adidas and Reebok have similar target markets </li></ul><ul><li>They each compete for consumers </li></ul><ul><li>This then puts rival companies in a threat </li></ul>
  6. 6. Playing competitiveness vs. economic competitiveness <ul><li>If these two are even, leagues and businesses will do well </li></ul><ul><li>Each of these two ideas play off of each other. </li></ul><ul><li>Its important to know the difference when applying the antitrust laws </li></ul>
  7. 7. Collective bargaining agreements <ul><li>Collective bargaining agreement (CBA)- The contract that results from collective bargaining negotiations in which employees through their union and employer through a management negotiation team negotiate over mandatory subjects of bargaining </li></ul>
  8. 8. CBA in Professional Sports <ul><li>Collective bargaining agreements are important in pro sports because they make sure all sides are covered. </li></ul><ul><li>There are a couple different provisions that are looked into: </li></ul><ul><li>Wage provisions, hour provisions and the terms and conditions that are mentioned. </li></ul>

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