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

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post #1 of 33 (permalink) Old 11-08-2019, 12:05 PM Thread Starter
 
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Is WWE an eventual antitrust action waiting to happen?

There is a lot of news lately about Google’s supposed monopolistic practices and it’s ownership of 85% of the search engine market. These are coupled with calls for antitrust action and a breakup of Google along the lines of Bell several decades ago.

While WWE is on friendly terms with the current administration, could an eventual antitrust case be made against WWE by a future administration? Have they strayed from normal competitive practices to outright monopolistic actions (such as scheduling NXT against the only plausible competitor to rise up against them). It’s a fine line, and I’m curious what other think. I think a case can be made that WWE has more dominance in its space than Disney in film.
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post #2 of 33 (permalink) Old 11-08-2019, 12:19 PM
 
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Re: Is WWE an eventual antitrust action waiting to happen?

Even if they are the government doesn't care about wrestling so nothing would be done about it.
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post #3 of 33 (permalink) Old 11-08-2019, 01:14 PM
 
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Re: Is WWE an eventual antitrust action waiting to happen?

Quote:
Originally Posted by RapShepard View Post
Even if they are the government doesn't care about wrestling so nothing would be done about it.
I guess its less about the industry and more about the money involved

On OP though... I suspect not - there would be a case for it though IMO

Maybe not an outright winnable one - but 55% chance?

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post #4 of 33 (permalink) Old 11-08-2019, 01:21 PM
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Re: Is WWE an eventual antitrust action waiting to happen?

No, there is no way the WWE is in any danger of this, especially now, there are all kinds of other companies with wrestling shows on TV/Youtube going nowadays.

The WWE execs should be more worried about the SEC and all the stock they keep selling prior to quarterly reports that make their stock plummet
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post #5 of 33 (permalink) Old 11-08-2019, 05:58 PM
 
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Re: Is WWE an eventual antitrust action waiting to happen?

The government could care less about the pathetic 1099 employer contractor/consultant situation that WWE has with its performers (and blatant disregard for the relationship between the 2) and we are to believe that an anti-trust action would occur? Please...
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post #6 of 33 (permalink) Old 11-08-2019, 07:16 PM
 
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Quote:
Originally Posted by deadcool View Post
The government could care less about the pathetic 1099 employer contractor/consultant situation that WWE has with its performers (and blatant disregard for the relationship between the 2) and we are to believe that an anti-trust action would occur? Please...
COULDN'T. They COULDN'T care less.
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post #7 of 33 (permalink) Old 11-08-2019, 07:21 PM
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Re: Is WWE an eventual antitrust action waiting to happen?

Elizabeth Warren needs to win so she can save pro wrestling from wwe.

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post #8 of 33 (permalink) Old 11-08-2019, 08:03 PM
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kobe Re: Is WWE an eventual antitrust action waiting to happen?

Even if anyone cared enough about wrestling to pursue an antitrust motion, it was only marginally plausible several years ago, after TNA/Impact fell off a cliff but before All In. Now, we've got AEW and a million indy feds floating around. No chance at all.

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post #9 of 33 (permalink) Old 11-08-2019, 09:45 PM
 
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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.

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post #10 of 33 (permalink) Old 11-08-2019, 09:50 PM
 
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Re: Is WWE an eventual antitrust action waiting to happen?

Vince is in the entertainment not wrestling business there buddy.
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