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>Traditional monopolies "control supply of a good or service, and where the entry of new producers is prevented or highly restricted." Well Courts have ruled t
by will_brown 8y ago
>Traditional monopolies "control supply of a good or service, and where the entry of new producers is prevented or highly restricted."
Well Courts have ruled the NFL is a monopoly...but there is no control over new entities organizing and playing football games (i.e. not prevented or highly controlled).
- tokyodude 8y agoIs that really true? I guess I'd assume the NFL have exclusive contracts with most cities for their stadiums and for teams as in they probably have a contract that disallows the city from having another team?
- will_brown 8y agoPeople don’t recall but when the USFL popped up in the 80’s it was actually pretty successful as a “Spring Time” football league. Playing in Spring they didn’t compete with NFL or College Football and provided a product people wanted to fill the gap between seasons. It was good old Donald Trump who lead the effort to change the season and compete directly with NFL by changing the season to Fall. Of course the USFL went bankrupt and Trump sued including a claim anti-trust/monopoly. The Court famously agreed NFL was in fact a monopoly but awarded Trump damages in the amount of $1.