Question

Explain how baseball’s antitrust exemption makes it different from the other professional sports in the United States. Explain how it is similar to the other sports in the United States and why the antitrust exemption does not cause it to be different in those dimensions.

Answer 1

1. ANTITRUST LAW is a series of law intended to promote abundant and fair competition in the marketplace. Antitrust law is also designed to prevent and punish anti-competitive practices. In my opinion United states professional sports are in a very wierd pocket of antitrust law. National football league, national hockey league, national basketball association and major soccer league are subjected to antitrust laws. Some professional sports are given exemption like Major league baseball (MLB) is the best example of antitrust laws and the professional sports industry with antitrust exemption.

2. The UNLAWFUL INTERNET GAMBLING ENFORCEMENT ACT (UIGEA) is an anti-gambling law that is passed on September 30, 2006 by President George Bush. UIGEA is one of the most controversial gambling bill in the united states history mainly because of its contents. Many people do consider UIGEA as grand daddy of online gambling laws.

In my opinion there is very thin line between legal, skill-based gaming and illegal gambling but many fantasy sports contests have already crossed the line, many promoters often do say that all fantasy sports are legal under 2006 UIGEA law. But the truth is that UIGEA doesn't really legalize fantasy gaming and many fantasy sports websites which offer real money prizes do set the in advance. As of now fantasy sport games have already grown in popularity, and all operators became wealthier and wealthier.

3. The major difference how strategic management is different from tactical one is TIME ORIENTATION because these both related to business environment. Strategic management is future oriented allowing a particular company to make educated decisions makers to visualise the future direction of the business. Where as tactical one deals with here and now, provide decision makers with necessary information to watch for changes in a particular company current environment and helps to discover new opportunities. Compared to stratic management, tactical deals with real time, offering analysis of current competitive conditions within particular market place or industry.