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Monster Essays - The Combines Act
The Combines Act
J.C.H. Jones's article "The Economics of the National Hockey League" (1969)
purpose is to explain through simple micro economics that the prime motive of
professional hockey team owners is profit maximization. The owners argue that
their main interest is "for the love of the game," not the financial benefits of
owning a professional sports franchise and to avoid government regulations such
as the Combines Act (note 1).
An article written in 1982 by J.A. Schofield entitled "The Development of First
Class Cricket in England," states the behavior of sport cartels. Three
hypothesises are used to explain the behavior described by Schofield, number ....
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