The Competition Economics of Financial Fair Play

Ilmenau Economics Discussion Papers, Vol. 19, No. 85, March 2014

28 Pages Posted: 17 Mar 2014

Date Written: March 10, 2014

Abstract

This paper provides an economic analysis of the competition effects of UEFA’s financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant financial problems due to overinvestment are not inherent to European football.

Keywords: financial fair play, sports economics, competition economics, European competition policy, football, soccer, overinvestment, rat race

JEL Classification: K21, L41, L42, L44, L83

Suggested Citation

Budzinski, Oliver, The Competition Economics of Financial Fair Play (March 10, 2014). Ilmenau Economics Discussion Papers, Vol. 19, No. 85, March 2014. Available at SSRN: https://ssrn.com/abstract=2409632

Oliver Budzinski (Contact Author)

Ilmenau University of Technology ( email )

Ilmenau, D-98684
Germany

HOME PAGE: http://www.tu-ilmenau.de/wth

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