Word: antitrust
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American Needle v. National Football League At issue: Whether sporting leagues should be exempt from antitrust regulations...
...important legal decision in sporting history. The sportswear manufacturer contracted with NFL teams to produce hats and headgear with official team logos. But the NFL decided to give an exclusive leaguewide license to Reebok in 2000, leading American Needle to sue, claiming the NFL's action violated the Sherman Antitrust Act by limiting the market for who could produce team-branded merchandise...
...court to decide is whether the NFL should be considered a single entity or a collection of 32 individual businesses. The answer to this question has repercussions beyond the production of licensed merchandise. If the NFL is considered a single entity, it would largely be exempt from antitrust laws, giving the league not only continued right to grant exclusive licenses for team apparel but also the ability to make decisions on a leaguewide basis. This opens the door to the NFL - rather than individual teams - determining things like ticket prices and player salaries. Indeed, the bargaining power...
...class, “about the business and law of sports,” covers how to acquire a franchise, how to value players, how to deal with sports agents, the role of antitrust law, and how to get a stadium built. Thus far, the class has met twice—the second time in Lucchino’s box seats at Fenway...
...bets for the company." Of course, Jackson wasn't betting that Beijing would block Coke's proposed $2.4 billion acquisition of Chinese juicemaker Huiyuan, which would have been the largest sale to a foreign company in China's commercial history. But the Ministry of Commerce blocked the deal on antitrust grounds, saying the merger would give Coke too much control of the country's juice market...