SEM 2 Vocab 1.01

Reselling tickets for more than their face value

Allows professional sport leagues to pool their broadcasting rights and sell them as a package to television networks

A federal regulation intended to prevent monopolies from forming and prices from being fixed

A symbol, design, or word used by a producer to identify a good or service and registered with the government to prevent use by others

The buyer of copyrighted, patented, or trademarked material

An economic system that depends on honest, healthy competition between businesses

The negotiating process in which union leaders and company representatives engage to determine the terms and working conditions that are to be provided to employees

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

Federal law that provides trademark protection; specifies proper procedures for registering trademarks

The owner of copyrighted, patented, or trademarked material