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Is It Time To Give Up On Antitrust Law For Pro Sports?, Geoffrey Rapp
Is It Time To Give Up On Antitrust Law For Pro Sports?, Geoffrey Rapp
Washington and Lee Law Review Online
Professor Nathaniel Grow has produced a creative, thoroughly researched piece arguing that antitrust has failed in the context of professional sports and calling for the creation of a national-level federal regulatory agency to address anticompetitive conduct by the major leagues. I respond to his diagnosis of antitrust’s failings and to his prescription.
Regulating Professional Sports Leagues, Nathaniel Grow
Regulating Professional Sports Leagues, Nathaniel Grow
Washington and Lee Law Review
Four monopoly sports leagues currently dominate the U.S. professional sports industry. Although federal antitrust law—the primary source of regulation governing the industry—would normally be expected to provide a significant check on anticompetitive, monopolistic behavior, it has failed to effectively govern the leagues due to both their well-entrenched monopoly status and the unique level of coordination necessary among their respective teams. Consequently, the four leagues today each, in many respects, enjoy unregulated monopoly status in what is estimated to be a $67 billion industry.
As one might expect, these leagues use their largely unchecked monopoly power to injure the public in …