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    Part Six: The Coalescence of Power > The “Sports-Industrial” Complex

    Chapter 22. The “Sports-Industrial” Complex

    We are all partners—the owners, the players and the networks. It is just a question of figuring out who gets what share of the pie.

    Bill Giles, President, Philadelphia Phillies

    PROFESSIONAL SPORTS provide a classic example of a bilateral cartel structure through which the interests of owners and players coalesce, rather than countervail, at substantial cost to the broader community.


      

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