Abstract

http://ssrn.com/abstract=1484996
 


 



Blue Sky Steroids


Geoffrey Christopher Rapp


University of Toledo College of Law


Journal of Criminal Law and Criminology, Vol. 99, No. 3, 2009
University of Toledo Legal Studies Research Paper No. 2010-03

Abstract:     
Performance-enhancing substance use has attracted considerable political and media attention. However, relatively little analysis of the reasons for regulating substance use in professional sports exists. Most of the ostensible reasons for regulating performance-enhancing substance use are belied by leagues’ inadequate commitment to the justifications in other contexts. Further, most of the methods of proposed regulation would be ineffective and unworkable. In place of the standard test-and-punish regime advocated by doping authorities, this Essay argues that performance-enhancing substance policy should be modeled after federal and state securities regulation. Instead of punishing use, regulators should require disclosure of all substances used, and punish only omissions and fraud of a material nature. The goals of a regulation regime would be better achieved without unintended negative consequences through a market approach based on minimum disclosure requirements.

Number of Pages in PDF File: 21

Keywords: steroids, sports, sports law, securities regulation, blue sky laws

JEL Classification: L83, K00

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Date posted: October 8, 2009  

Suggested Citation

Rapp, Geoffrey Christopher, Blue Sky Steroids. Journal of Criminal Law and Criminology, Vol. 99, No. 3, 2009; University of Toledo Legal Studies Research Paper No. 2010-03. Available at SSRN: http://ssrn.com/abstract=1484996

Contact Information

Geoffrey Christopher Rapp (Contact Author)
University of Toledo College of Law ( email )
2801 W. Bancroft Street
Toledo, OH 43606
United States
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