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In professional sports, the decisions about TV contracts, salary cap, free agency, entry in to a new market are made by their respective entities like MBA, NHL, NFL, MLB and MLS. These entities operate rather closely like a cartel.

What are the advantages and disadvantages of breaking up these sport cartels? Explain.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9745001

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