Friday, October 23, 2009

A little Law fun...

You know how crazy things have been? Crazy! Going and flowin and mowin like no ones business. My managers are having fun. We are working hard. Quizes, exams presentations, raining out ide, yea yea but its game time and I am lovin it. We had fall brek tuhs past weekend but fall break really means tons and tons of practices and studying to catch up and studying for exams that will be comming soon, like more sports law exam, which is actaully really interesting.

Who knew that sports gets a way with so many things. Let me introduce you to someone. This is Sherman: He made the smart descition to make the Sherman antitrust act







The man was smart enoug that he thought the market needed commpetition. Thus he did not one team owning the market, like Kobe Bryant in the NBA. He did not want a monopoly like Microsoft.



So he finally descided to do something about it and in 1890 passed the Sherman Anti Trust Act. His "act," his little dancing routine, said that a firm cannot collude to control the market nor take control by itself, thus a monopoly. Dang, dont we love that game?

BUT, sports is different. Sports can break all the rules. of course,c asue its sports, and its fun, right? So Sports CAN collude, CAN control, and CAN monopolize. All the teams work together to make a league and keep others in the same sport out of the market. They also allow owners to work together and talk about prices and how they will draft and all that crazy stuff that would be illegal in any other context! But they do it...and get away with it...and have actual labor law exsemptions from the US Supreme Court. So its pretty legit geting away with type of stuff. The only stuff that really has any weight in gold. The logic???...that its pro-competative. So if hitting my brother in the face is pro-competative because it it builds caracter and caracter means a better person thus more competition in this world...then do it! And that is the message of the day...as long as it is pro-competative, you can get away with everything. YeeHawww!

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