As you know, in the U.S. it is illegal to be a monopoly as it is a violation of anti-trust laws. I know there are small regional MMA promotions in this country but is there honestly a promotion that you could call serious competition to The UFC? I don't think so. So how do they get around being broken up into several smaller companies just like the Bell phone company did when it got so big it was a monopoly?
How Close is The UFC To Becoming A Monopoly
- Thread starter Blackjack
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There's about 500 other MMA promotions around the world. Fighters can go to whatever promotion they'd like.
Bellator is owned by Viacom.
WSOF is owned by very wealthy execs as well.
Does the UFC have a monopoly on top talent? Yes.
Does the UFC have a monopoly on the sport? No.
Bellator is owned by Viacom.
WSOF is owned by very wealthy execs as well.
Does the UFC have a monopoly on top talent? Yes.
Does the UFC have a monopoly on the sport? No.
Are the NFL, NBA, MLB, etc.. monopolies? Should they be broken up?
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Action Bronson is a handsome mofucka.
No there are lots of different teams within each of those organizations all owned by different people. If George Steinbrenner owned every baseball team in MLB then yes, it would be a monopoly.
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The UFC doesn't employ every single MMA fighter, nor are they the only promoters putting on fights.
If anything the UFC probably has less than 5% of all active MMA fighters on their roster. Just this last weekend 30+ MMA events were held around the world, while the UFC held just 1.
I'm not sure what you are trying to prove with this thread...
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Ben Askren, Michael Chandler, Eddie Alvarez and Eduardo Dantas disagree
What tv network is Bellator on? What TV network is WSOF on? I've never even heard of WSOF. I remember Elite XC and Affliction. They were the only big MMA promotions I've seen in The USA. BTW, how many there are around the world is irrelevant. It's a U.S. law pertaining to American companies. That should be obvious. I mean, if there is only one car company in all of China is our government going to go ver there and try to break it up? Of course not.
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I could write a book with all the shit you don't know.
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No, but there is governing legislation b/c of the monopoly status.
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If you don't know what network Bellator or WSOF are on, I'm guessing you're probably the last person that should have made a thread like this.
Bellator is on Spike, which has a similar audience range of Fox Sports 1.
WSOF is on NBC Sports, and they are about to appear on NBC later this year.
You used Affliction as an example, but they never had a cable TV deal and lasted only 2 events.
Just in the USA, there were 15+ MMA events held this weekend, and over 150 fighters outside of the UFC competed. Just go look at the Sherdog's Fight Finder, there's hundreds of fights put on every month within the United States. Heck, King of the Cage probably puts on more events than the UFC every year.
As mentioned, the UFC is a top organization amongst 100's of other promotions. That doesn't make them a monopoly because they are simply bigger and better than others.
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Apparently TS is too busy to click a link:
FTC closes monopoly investigation of UFC
source: ftc.gov
For many months there has been an ongoing, not-completely-secret investigation of UFC and Strikeforce parent company ZUFFA by the Federal Trade Commission to determine whether ZUFFA holds a monopoly position in the space. If a monopoly were held to exist, a break up of the company would be a likely consequence.
For months company owners Lorenzo Fertitta and Dana White described the idea as ridicullous. Never the less, the idea circulated widely, perhaps most notably in content generated by The Culinary Workers Union Local 226, which has for years failed in its attempts to unionize the Station group of hotel-casinos in Las Vegas. Station Casinos is owned by Frank and Lorenzo Fertitta, who are also majority owners of the UFC, and thus the UFC became an exceedinlgy unlikely target for a union action.
The FTC investigation was also mentioned in a recent ESPN Outside the Lines company profile that widely criticised.
Now the FTC has announced that the investigation is closed, as detailed in a letter to the New York City-based law firm Axinn-Veltrop-Harkrider, LLP, which had been retained by Zuffa as its representation before the FTC.
January 25, 2012
Office of the Secretary
Stephen Axinn, Esq.
Axinn Veltrop, and Harkrider LLP
1330 Connecticut Ave., NW
Washington, DC 20036
Re: Acquisition of Explosion Entertainment, LLC (Strikeforce) by Zuffa, LLC (UFC) FTC File No. 111 0136
Dear Mr. Axinn:
The Federal Trade Commission’s Bureau of Competition has been conducting a nonpublic investigation to determine whether Zuffa, LLC’s acquisition of Explosion Entertainment, LLC may violate Section 7 of the Clayton Act or Section 5 of the Federal Trade Commission Act.
Upon further review of this matter, it now appears that no further action is warranted by the Commission at this time. Accordingly, the investigation has been closed. This action is not to be construed as a determination that a violation may not have occurred, just as the pendency of an investigation should not be construed as a determination that a violation has occurred. The Commission reserves the right to take such further action as the public interest may require.
By direction of the Commission.
Donald S. Clark Secretary
http://www.mixedmartialarts.com/news/381842/FTC-closes-monopoly-investigation-of-UFC/
FTC closes monopoly investigation of UFC
source: ftc.gov
For many months there has been an ongoing, not-completely-secret investigation of UFC and Strikeforce parent company ZUFFA by the Federal Trade Commission to determine whether ZUFFA holds a monopoly position in the space. If a monopoly were held to exist, a break up of the company would be a likely consequence.
For months company owners Lorenzo Fertitta and Dana White described the idea as ridicullous. Never the less, the idea circulated widely, perhaps most notably in content generated by The Culinary Workers Union Local 226, which has for years failed in its attempts to unionize the Station group of hotel-casinos in Las Vegas. Station Casinos is owned by Frank and Lorenzo Fertitta, who are also majority owners of the UFC, and thus the UFC became an exceedinlgy unlikely target for a union action.
The FTC investigation was also mentioned in a recent ESPN Outside the Lines company profile that widely criticised.
Now the FTC has announced that the investigation is closed, as detailed in a letter to the New York City-based law firm Axinn-Veltrop-Harkrider, LLP, which had been retained by Zuffa as its representation before the FTC.
January 25, 2012
Office of the Secretary
Stephen Axinn, Esq.
Axinn Veltrop, and Harkrider LLP
1330 Connecticut Ave., NW
Washington, DC 20036
Re: Acquisition of Explosion Entertainment, LLC (Strikeforce) by Zuffa, LLC (UFC) FTC File No. 111 0136
Dear Mr. Axinn:
The Federal Trade Commission’s Bureau of Competition has been conducting a nonpublic investigation to determine whether Zuffa, LLC’s acquisition of Explosion Entertainment, LLC may violate Section 7 of the Clayton Act or Section 5 of the Federal Trade Commission Act.
Upon further review of this matter, it now appears that no further action is warranted by the Commission at this time. Accordingly, the investigation has been closed. This action is not to be construed as a determination that a violation may not have occurred, just as the pendency of an investigation should not be construed as a determination that a violation has occurred. The Commission reserves the right to take such further action as the public interest may require.
By direction of the Commission.
Donald S. Clark Secretary
http://www.mixedmartialarts.com/news/381842/FTC-closes-monopoly-investigation-of-UFC/
I liked 3% better what made you edit it?
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I figured the UFC had about 450 fighters under contract and did the math real quick...9,000 active USA MMA fighters sounded better, though there are probably double that if you counted Europe, Japan, and South America. I guess I should have made it 1%...
