Is WWE an eventual antitrust action waiting to happen? - Page 2 - Wrestling Forum: WWE, AEW, New Japan, Indy Wrestling, Women of Wrestling Forums

 12Likes
Reply
 
LinkBack Thread Tools
post #11 of 33 (permalink) Old 11-08-2019, 10:21 PM
 
Join Date: May 2006
Posts: 4,786
Points: 4,790
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by Jupiter Jack Daniels View Post
I don't see how, as WWE isn't preventing the existence of a competitive market. Perhaps this would've been more plausible 18 years ago, which is exactly what they did by buying their competition and depriving consumers of a choice.



Also, a more apt comparison would be UFC. A few years ago, several fighters filed an antitrust lawsuit, accusing UFC of monopolizing mixed martial arts in a manner that killed competition, offered contracts that were less than what they would've been in a competitive market, maintained control of top tier fighters, sponsors, broadcast partners and arenas to the detriment of aspiring competition, while preventing fighters from licensing their own likenesses for commercial use. And it was all predicated on UFC accounting for 90% of all revenues generated from live mixed martial arts events. It sounds very similar to what the sports entertainment industry was post-WCW, pre-All In.


Now, that case is still going. I'm not sure if it would be indicative of anything in the wrestling business, as this all began in 2014 and the business has changed since then But, at that time, it was said that those in the wrestling business should pay close attention, due to the similarities between the two, in regards to the overall issue.



So, based on that, it's probably a "wait & see" situation but even then, I don't see it impacting WWE at all. In the grand scheme of things, I don't think anybody really cares.
It's very interesting. But didn't we have K-Force and other MMA promotions back then?

I also am very interested to see how the case is going. Maybe White will do some kind of a settlement?
deadcool is online now  
Sponsored Links
Advertisement
 
post #12 of 33 (permalink) Old 11-09-2019, 12:29 AM
 
DoctorWhosawhatsit's Avatar
 
Join Date: Aug 2016
Location: The Tardis, All of Time and Space
Posts: 11,902
Points: 37,595
                     
Re: Is WWE an eventual antitrust action waiting to happen?

If the government won't go after the like of Google, Facebook, and Amazon, companies actively and admittedly recording, monitoring, and selling everything you do, what makes you think they're going to go after a shitty wrestling company?

DoctorWhosawhatsit is offline  
post #13 of 33 (permalink) Old 11-09-2019, 12:44 AM
tombstone blues
 
Join Date: Sep 2011
Posts: 14,228
Points: 43,631
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Ummmm

No

There has been an AEWakening... have you felt it?

The mark wars have begun again

DAMN THAT TRACK IS HOT

THAT'S GOTTA BE KANE (IS BACK) (AGAIN)

RIP Robin

SPACE FORCE!

(space, space, space, force!)

SPACE FORCE!
deepelemblues is offline  
Sponsored Links
Advertisement
 
post #14 of 33 (permalink) Old 11-09-2019, 12:56 AM
GG, muah! & No re, bang!
 
Massey24's Avatar
 
Join Date: Feb 2019
Location: Denver, 303
Posts: 44
Points: 132
 
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by Hangman View Post
COULDN'T. They COULDN'T care less.
Could care less and couldn't care less are two different things.

The #1 D'Lo Brown mark 2019
I believe in Joe Hendry
Massey24 is offline  
post #15 of 33 (permalink) Old 11-09-2019, 11:26 AM Thread Starter
 
Join Date: Jun 2014
Posts: 3,299
Points: 9,835
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by DoctorWhosawhatsit View Post
If the government won't go after the like of Google, Facebook, and Amazon, companies actively and admittedly recording, monitoring, and selling everything you do, what makes you think they're going to go after a shitty wrestling company?
I'm not saying that they would. It's highly unlikely, except for a few things that come to mind:

1) If WWE had a major scandal come out, or had a major star advocating for revenue sharing and unionization - it could get media attention and eventual government attention

2) WWE was far smaller in 1990 and the Federal Government still went after them

That said, I agree it is highly unlikely that this would happen. But just wondering if the technical case was there.
Seafort is offline  
post #16 of 33 (permalink) Old 11-09-2019, 12:50 PM
 
Join Date: Sep 2016
Posts: 1,754
Points: 4,926
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Of course the WWE is a monopoly. They have the vast majority of the global wrestling market share, and they engage in monopolistic practices all the time, they went head to head with AEW with NXT on the same day and time slot, they basically have signed every free agent to comically overinflated deals just so they're off the market, they've tried to prevent companies from running arenas, especially MSG, etc. I doubt the government cares though. It's funny that the WWE is hemorrhaging interest and popularity at a historic pace and yet still has such a monopoly over the business, but that just goes to show the anemic state of wrestling heading into 2020. NJPW is a low tier national company that doesn't turn that much of a profit, after a hot start, AEW is on the trajectory of being a bit player with less overall popularity than peak TNA or 2000 ECW, MLW, NWA, ROH, are all small companies that don't significantly factor into the global wrestling market share. The business is fooked overall.
The XL 2 is offline  
post #17 of 33 (permalink) Old 11-09-2019, 12:58 PM Thread Starter
 
Join Date: Jun 2014
Posts: 3,299
Points: 9,835
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by The XL 2 View Post
Of course the WWE is a monopoly. They have the vast majority of the global wrestling market share, and they engage in monopolistic practices all the time, they went head to head with AEW with NXT on the same day and time slot, they basically have signed every free agent to comically overinflated deals just so they're off the market, they've tried to prevent companies from running arenas, especially MSG, etc. I doubt the government cares though. It's funny that the WWE is hemorrhaging interest and popularity at a historic pace and yet still has such a monopoly over the business, but that just goes to show the anemic state of wrestling heading into 2020. NJPW is a low tier national company that doesn't turn that much of a profit, after a hot start, AEW is on the trajectory of being a bit player with less overall popularity than peak TNA or 2000 ECW, MLW, NWA, ROH, are all small companies that don't significantly factor into the global wrestling market share. The business is fooked overall.
It's screwed as you say because it's defined itself downward into a narrow space. It needs a fundamental reimagining of what is possible. Pro wrestling is a simulated sport with a host of fictional avenues that can be layered atop it, yet the rabbit hole virtually everyone now is going down is to present it just as the most realistic fake combat sport possible. Honestly, what is needed is what Ron Moore did when he knocked down the stale cliches that had reduced Star Trek (and sci-fi in general) into a niche audience (https://io9.gizmodo.com/the-original...-ron-m-5743142)
Seafort is offline  
post #18 of 33 (permalink) Old 11-09-2019, 01:04 PM
 
Join Date: Jan 2014
Location: Your Mom's Place
Posts: 576
Points: 1,629
                 
Re: Is WWE an eventual antitrust action waiting to happen?

The government has not really cared about monopolies since 1982. They said some nasty words against Microsoft but did nothing. MLB (which has a government exemption), NBA, NFL, etc are all much larger. Vince and Trump are friends. You really think anything is going to happen here? Even when Trump is gone, WWE is a pimple on the ass of real monopolies.
Lheurch is online now  
post #19 of 33 (permalink) Old 11-09-2019, 02:28 PM Thread Starter
 
Join Date: Jun 2014
Posts: 3,299
Points: 9,835
                     
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by Lheurch View Post
The government has not really cared about monopolies since 1982. They said some nasty words against Microsoft but did nothing. MLB (which has a government exemption), NBA, NFL, etc are all much larger. Vince and Trump are friends. You really think anything is going to happen here? Even when Trump is gone, WWE is a pimple on the ass of real monopolies.
The only scenario I see where this happens is if:

a) WWE becomes firmly identified in the conscious of progressive viewers as a Trump supporting organization

b) Trump is defeated in 2020

c) WWE has a major scandal
Seafort is offline  
post #20 of 33 (permalink) Old 11-09-2019, 02:34 PM
 
Join Date: Jan 2014
Location: Your Mom's Place
Posts: 576
Points: 1,629
                 
Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by Seafort View Post
The only scenario I see where this happens is if:

a) WWE becomes firmly identified in the conscious of progressive viewers as a Trump supporting organization

b) Trump is defeated in 2020

c) WWE has a major scandal
Whether or not you agree with a president, do you think it is OK for an organization to be targeted just because they support a president/political party? I think that should have nothing to do with it. WWE is not a monopoly anyway. Several other wrestling promotions exist alongside WWE and they do plenty of dumb things that prevent them from getting larger.
Lheurch is online now  
Reply

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome