Posted on 04/13/2011 9:16:24 AM PDT by GSWarrior
A group of law and economics professors and practitioners has asked the Department of Justice to investigate college football's Bowl Championship Series under antitrust law.
In a letter, a copy of which was provided to The Wall Street Journal before it was made public, the 21 signatories—who include Richard Thaler of the University of Chicago and Andrew Zimbalist of Smith College—assert that the BCS is a cartel that "secures market access and revenue" for its favored members.
The argument over the fairness and legality of the BCS is the central front in the ongoing war over college football's controversial postseason system. Some ancillary issues regarding the BCS have attracted greater attention this offseason, including the Fiesta Bowl's firing of its president amid allegations of financial improprieties and Connecticut reportedly losing nearly $1.8 million on its Fiesta Bowl trip because of unsold tickets.
"But the core issue is that six conferences have bearhugged the goodies and agreed to run things for their mutual benefit," said Len Simon, a San Diego antitrust lawyer who also teaches at the University of San Diego and is one of the signatories.
(Excerpt) Read more at online.wsj.com ...
Barry’s administration once again has it’s priorities straight I see...
Wow, this is great news. I take it to mean all the terrorists are dead, all the corrupt politicians and corporate executives are in prison, and kidnappings, murders & rape are all things of our past.
The country is $14 trillion in debt and these loons want to use government resources to determine the #1 football team.
This goes back to Orrin Hatch and company when Utah wasn’t named #1.
Holder can send out members of the Black Panther Party to make sure BCS conducts its business fairly.
I think they should go after the NCAA basketball tournament. When they increased the size of the field from 32 to 64, it made the NIT tournament much less important.
It’s going to expand to 98 teams within a few years.
actually once Clinton got the Wise Latina to scotch the ‘94 baseball lockout, government decided they could just take-over and run sports
The FR sidebar is reserved for FR business. Not this.
Sorry bout that.
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