How Sports Fans Are Exploited
How Sports Fans Are Exploited
This chapter focuses on several ways that consumers (i.e. sports fans) are hurt by the lack of an independent competition organizer and the presence of a clear-cut conflict between the interests of certain owners and those of the league. The chapter discusses a number of problems that sports fans are forced to tolerate. It then describes the monopoly power that the owners use to exploit consumers, which often leads to inefficient results. The chapter also includes a discussion on two important features of North American sports leagues.
Keywords: sports fans, monopoly power, consumers, sports leagues
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