MH32 1.01 Legal Issues

Laws that encourage competition in the market place

• Lockout

• Right of First Refusal

• Antitrust Laws

• Sports Broadcasting Act of 1961

Rules used to make sure that games aren't viewable in "media markets" that don't have the right to do so are called (a)   . ("media markets" means channels, broadcasts, or streaming services)

• Blackout
• Right of Privacy
• Trademark Infringement
• Loss Prevention

An economic system based on private property and free enterprise.

• Socialism

• Injunction

• Capitalism

• Collective Bargaining

Negotiations between representatives of labor unions and management to determine pay and acceptable working conditions.

• Players' Association

• Antritrust Laws

• Prize Indemnity

• Collective Bargaining

A right purchased by a sponsor to be the sole provider of a particular type of good or service for a sport/event

• Collective Bargaining

• Exclusivity

• Lucrative

• Monopoly

In professional sports, an athlete's ability to renegotiate his/her contract with his/her existing team or with another team

• Free Agency

• Right of Publicity

• Trademark

• Lockout

An order which legally prevents something

• Trademark

• Exclusivity

• Injunction

• Strike

A 1946 law that spells out what kinds of marks (including brand names) can be protected and the exact method of protecting them (Trademarks)

• Lanham Act

• Sherman Antitrust Act

• Sports Broadcasting Act of 1961

A company that wants to manufacture and sell products using trademarked property (like a Carolina Panther's football jersey)

• Licensor

• Licensee

• Free Agency

An organization or company that holds the rights to trademarked property

• Licensor

• Licensee

• Free Agency