Our Curious Amalgam
#32 Is There Choice in Cheer? Considering Market Competition in Competitive Cheering
Mar 9, 2020
Matt Stoller, author of "Goliath," dives into the competitive cheer industry, noting its rapid growth and the potential monopolistic grip of major players like Varsity Brands. He discusses how high costs and safety concerns plague participants, revealing the broader implications of antitrust issues hidden in unexpected fields. The conversation also touches on the relationship between democracy and market competition, alongside personal anecdotes that bring humor to serious topics. Tune in for a fresh perspective on competition law!
32:53
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Quick takeaways
- The cheerleading industry is heavily affected by monopolistic practices, particularly by Varsity Brands, limiting competition and increasing costs for participants.
- Safety concerns for young cheerleaders are heightened by centralized control, emphasizing the need for robust governing bodies to establish and maintain standards.
Deep dives
The Importance of Understanding Cheerleading as a Market
Understanding the cheerleading industry is crucial for its participants, especially children, due to safety concerns associated with cheer. The podcast highlights the role of governing bodies in maintaining safety standards and how control by a single entity can lead to potential risks. The special focus on the cheer market illustrates broader implications on how monopolistic behaviors can affect not only the sport itself but also the well-being of youthful participants. Addressing these issues can shed light on critical aspects of competition law and its relevance in various sectors.
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