Join Date: Jul 2011
Location: Far Away From Uncle Ole
Re: Is WWE an eventual antitrust action waiting to happen?
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.