Media-revenue allocation in Formula One - a case for competition policy?:
Two midfield teams competing in the FIA Formula One World Championship (motor racing), have reportedly lodged a formal complaint to the European Commission. They raise two concerns about violations of competition law. First, the system of allocating media revenues (predominantly from the sale of bro...
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Ilmenau
Universitätsbibliothek Ilmenau
2015
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Schlagwörter: | |
Links: | http://d-nb.info/108380491X/34 https://nbn-resolving.org/urn:nbn:de:gbv:ilm1-2015200239 http://www.db-thueringen.de/servlets/DocumentServlet?id=27160 |
Zusammenfassung: | Two midfield teams competing in the FIA Formula One World Championship (motor racing), have reportedly lodged a formal complaint to the European Commission. They raise two concerns about violations of competition law. First, the system of allocating media revenues (predominantly from the sale of broadcasting rights) between the participating teams is allegedly unlawful and unfair because of non-performance related extra payments to some teams and a heavily front-biased performance-related distribution scheme. Second, the system of rule-making in F1 is unlawful and unfair because some teams have more influence on rules and rule-changes than others. According to the complainants, the commercial rights holder (CRH) abuses its power to benefit certain teams over others and forms a cartel with the favored teams as well as the governing sports authority in order to set the rules in an anticompetitive way for the complaining teams. This comment argues that an investigation into Formula One's revenue and governance structure is justified since there is ample indication of anticompetitive arrangements. |
Beschreibung: | Autorenversion des Beitrags zum Blog: Medien - Märkte - Meinungen : M-Blog. - Hamburg : Ralf Dewenter. - Beitrag vom 5. Oktober 2015 |
Umfang: | 1 Online-Ressource (9 Seiten) |
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spelling | Budzinski, Oliver 1970- Verfasser (DE-588)131737163 aut Media-revenue allocation in Formula One - a case for competition policy? Oliver Budzinski Medien Märkte Meinungen M-Blog Ilmenau Universitätsbibliothek Ilmenau 2015 1 Online-Ressource (9 Seiten) txt rdacontent c rdamedia cr rdacarrier Autorenversion des Beitrags zum Blog: Medien - Märkte - Meinungen : M-Blog. - Hamburg : Ralf Dewenter. - Beitrag vom 5. Oktober 2015 Two midfield teams competing in the FIA Formula One World Championship (motor racing), have reportedly lodged a formal complaint to the European Commission. They raise two concerns about violations of competition law. First, the system of allocating media revenues (predominantly from the sale of broadcasting rights) between the participating teams is allegedly unlawful and unfair because of non-performance related extra payments to some teams and a heavily front-biased performance-related distribution scheme. Second, the system of rule-making in F1 is unlawful and unfair because some teams have more influence on rules and rule-changes than others. According to the complainants, the commercial rights holder (CRH) abuses its power to benefit certain teams over others and forms a cartel with the favored teams as well as the governing sports authority in order to set the rules in an anticompetitive way for the complaining teams. This comment argues that an investigation into Formula One's revenue and governance structure is justified since there is ample indication of anticompetitive arrangements. Formel Eins (DE-588)10312225-4 gnd rswk-swf Wettbewerbsverstoß (DE-588)4117640-6 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Formel Eins (DE-588)10312225-4 b Wettbewerbsverstoß (DE-588)4117640-6 s Wirtschaftstheorie (DE-588)4079351-5 s DE-604 http://d-nb.info/108380491X/34 Langzeitarchivierung Nationalbibliothek https://nbn-resolving.org/urn:nbn:de:gbv:ilm1-2015200239 Resolving-System kostenfrei Volltext DE-601 text/html http://www.db-thueringen.de/servlets/DocumentServlet?id=27160 kostenfrei |
spellingShingle | Budzinski, Oliver 1970- Media-revenue allocation in Formula One - a case for competition policy? Formel Eins (DE-588)10312225-4 gnd Wettbewerbsverstoß (DE-588)4117640-6 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
subject_GND | (DE-588)10312225-4 (DE-588)4117640-6 (DE-588)4079351-5 |
title | Media-revenue allocation in Formula One - a case for competition policy? |
title_alt | Medien Märkte Meinungen M-Blog |
title_auth | Media-revenue allocation in Formula One - a case for competition policy? |
title_exact_search | Media-revenue allocation in Formula One - a case for competition policy? |
title_full | Media-revenue allocation in Formula One - a case for competition policy? Oliver Budzinski |
title_fullStr | Media-revenue allocation in Formula One - a case for competition policy? Oliver Budzinski |
title_full_unstemmed | Media-revenue allocation in Formula One - a case for competition policy? Oliver Budzinski |
title_short | Media-revenue allocation in Formula One - a case for competition policy? |
title_sort | media revenue allocation in formula one a case for competition policy |
topic | Formel Eins (DE-588)10312225-4 gnd Wettbewerbsverstoß (DE-588)4117640-6 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
topic_facet | Formel Eins Wettbewerbsverstoß Wirtschaftstheorie |
url | http://d-nb.info/108380491X/34 https://nbn-resolving.org/urn:nbn:de:gbv:ilm1-2015200239 http://www.db-thueringen.de/servlets/DocumentServlet?id=27160 |
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