Unformatted text preview: Chapter 10
Regulation of Sport Regulation refers to the intentional restriction of a subject’s Regulation choice of activity, by an entity not directly party to or involved in that activity. Within the context of sport industry, the subject is all the firms and organizations in the sport industry, and the party unrelated to the activity conducted by the sport firms and organizations is government.
Through regulation, government establishes various requirements and restrictions for constraints on the activities of sport firms and organizations.
Regulations include laws and subordinate rules issued by all levels of government, ranging from federal to local. Industry selfregulation Industry selfregulation is the process of influencing activity of members of an industry through the establishment of rules and procedures, which are administered by a controlagent organization. What is the What is the purpose of government regulation? There are two types of government There are two types of government regulation: 1. Economic regulation
2. political regulation There are two types of regulatory There are two types of regulatory systems of government:
1. The federal regulatory system – the government and its three branches comprise the federal regulatory system 2. The state regulatory system – Most sport related restrictions occur in such areas as sport agencies, fishing, hunting, and various forms of athletic competitions The legislative The legislative branch of the federal government plays a critical role in overseeing and regulating the sport industry. The judicial branch The j
regulates the sport industry through its rulings on legal cases The executive branch of the federal The executive branch of the federal government executes its regulatory responsibility in several different ways. The role of government is threefold. The role of government is threefold. There are three objectives of There are three objectives of government regulation. There are five reasons There are five reasons for industry self
regulation. Leaguewide regulatory Leaguewide regulatory policies
in professional sports are used to promote equity and joint economic gain. The single entity ownership is a form of The single entity ownership is a form of industry self regulation. There are many There are many forms of self
regulation in collegiate athletics. There are three There are three goals of self
regulation in the NCAA. There are a number of issues NCAA There are a number of issues NCAA faces as a selfregulator. Learning Activity
Debate with a classmate of yours on the advantages and
disadvantages of government regulation. One takes the
position that believes government regulation is necessary;
while the other one holds the belief that the least
government involves, the best.
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This note was uploaded on 12/18/2011 for the course ECO 202 taught by Professor Normmiller during the Fall '08 term at Miami University.
- Fall '08