helloo asked:
Why are professional baseball and Cooperative activites among U.S exporters exempt from antitrust laws? im soo confused! please help
anyonnne please…???? public transit and water systems are exempt, why??
Why are professional baseball and Cooperative activites among U.S exporters exempt from antitrust laws? im soo confused! please help
anyonnne please…???? public transit and water systems are exempt, why??
Tags: Exempt From Antitrust Laws, Professional Baseball, Public Transit
Mainly because its real hard to split up major league sports. (MLB, NFL, NBA are given this exemption)
However, because they are exempt they fall under Congress’s jurisdiction. Such as drug testing, the recent steroid issues (thus why Congress was involved).
They may be exempt but Congress still controls them.
The U.S. Anti-trust laws are federal statutes and were initially enacted to break up the large eastern oil, steel, railroad and banking cartels into competitive organizations. [Sherman Anti-trust Act]
The exceptions from this act and further trade acts was based upon the nature of the activities of sports and team owners claims that they were more civic organizations than competitive businesses.
Politics being politics and sports being of nominal money in its pre-television era allowed this exemption to be brought into existence.
The cooperative activities exemption is predicated upon an argument that trade is enhanced by these organizations and prices are not controlled, fixed nor made less competitive.
Conditions change over time and the behavior of the affected parties have changed. There are times when changes to anti-trust exemptions are brought forward
as in the case of Curt Flood, the baseball player who complained in the late 1960’s. Such complaints have regularly translated into voluntary changes in business practices as compromises to maintain the exemption on behalf of the beneficiaries.
You are likely to see future challenges to the sports anti-trust exemption as sports beome an increasingly international business. [NBA players and College eligible players going to Europe]
In times of economic strife and turmoil, increased attention is paid to anti-trust laws
in hopes that stimulating greater competition will lead to lower prices.
My experience in the oil industry convinces me that the oil bastards are not collusive or generally engaged in illegal agreements to increase profits. They have independently reached a conclusion to price their products based upon the costs for replacing the quantity and quality of inventory they sell. That explains in part the lock-step behavior in raising oil prices when foreign producers increase oil prices.
That conceded the strength of the oil industry has shaped U.S. foreign policy since WWI in a manner that has placed business industry interests above the well fair of the American public and in full disregard to the sanctity of human rights, democracy and economic interests of individuals in the oil producing regions. Every OPEC nation is a ******* creation of U.S. British interests without regard to natural history, rights of political succession, previously existing boundaries
and is ruled by and large by Western created and invented ruling families.