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- catalog abstract ""Since 1922 MLB has benefited from a presumed exemption from the nation's antitrust laws. It is the only top-level professional baseball league in the country, and each of its teams is assigned an exclusive territory. Monopolies have market power, which they use to derive higher returns, misallocate resources, and take advantage of consumers. Major league baseball is no exception." "In May the Best Team Win, Andrew Zimbalist provides a critical analysis of the baseball industry, focusing on the abuses and inefficiencies that have plagued the game since the 1990s, when franchise owners appointed their colleague Bud Selig as MLB's "independent" commissioner." "Run by a shrinking and self-selecting group of owners subject to no oversight, MLB suffers from a lack of competitive pressure. Several large franchises are owned by media companies that have shackled their teams to lucrative broadcast and cable contracts - often making it impossible for fans to see games on television. Others own entities that do business with the teams, charging inflated prices for facility management, concessions, and catering. Complex intracompany transactions can reduce franchise revenues substantially, causing operating losses for teams while the owners still make millions."--Jacket.".
- catalog contributor b12751818.
- catalog created "c2003.".
- catalog date "2003".
- catalog date "c2003.".
- catalog dateCopyrighted "c2003.".
- catalog description ""Since 1922 MLB has benefited from a presumed exemption from the nation's antitrust laws. It is the only top-level professional baseball league in the country, and each of its teams is assigned an exclusive territory. Monopolies have market power, which they use to derive higher returns, misallocate resources, and take advantage of consumers. Major league baseball is no exception." "In May the Best Team Win, Andrew Zimbalist provides a critical analysis of the baseball industry, focusing on the abuses and inefficiencies that have plagued the game since the 1990s, when franchise owners appointed their colleague Bud Selig as MLB's "independent" commissioner." "Run by a shrinking and self-selecting group of owners subject to no oversight, MLB suffers from a lack of competitive pressure. Several large franchises are owned by media companies that have shackled their teams to lucrative broadcast and cable contracts - often making it impossible for fans to see games on television. Others own entities that do business with the teams, charging inflated prices for facility management, concessions, and catering. Complex intracompany transactions can reduce franchise revenues substantially, causing operating losses for teams while the owners still make millions."--Jacket.".
- catalog description "Baseball's presumed antitrust exemption -- Competitive balance: leveling the playing field -- Profitability -- Collective bargaining -- The stadium issue.".
- catalog description "Includes bibliographical references (p. 161-189) and index.".
- catalog extent "xvi, 198 p. ;".
- catalog identifier "0815797281 (cloth : alk. paper)".
- catalog issued "2003".
- catalog issued "c2003.".
- catalog language "eng".
- catalog publisher "Washington, D.C. : Brookings Institution Press,".
- catalog spatial "United States.".
- catalog subject "796.357/0691 21".
- catalog subject "Antitrust law United States.".
- catalog subject "Baseball Economic aspects United States.".
- catalog subject "Baseball Law and legislation United States.".
- catalog subject "GV880 .Z58 2003".
- catalog subject "Major League Baseball (Organization)".
- catalog tableOfContents "Baseball's presumed antitrust exemption -- Competitive balance: leveling the playing field -- Profitability -- Collective bargaining -- The stadium issue.".
- catalog title "May the best team win : baseball economics and public policy / Andrew Zimbalist.".
- catalog type "text".