Which of the following is an unfair anti competitive trade practice in sport/event marketing

Certain business practices that limit or prevent competition are against the law. It is important that businesses understand their rights and obligations at all times and, in particular, when dealing with wholesalers, suppliers and other businesses.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Anti-competitive conduct

Section 45 of the Competition and Consumer Act prohibits contracts, arrangements, understandings or concerted practices that have the purpose, effect or likely effect of substantially lessening competition in a market, even if that conduct does not meet the stricter definitions of other anti-competitive conduct such as cartels.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Cartels

Businesses that make agreements with their competitors to fix prices, rig bids, share markets or restrict outputs are breaking laws and stealing from consumers and businesses by inflating prices, reducing choices and damaging the economy.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Collective bargaining & boycotts

It is against the law for businesses to fix prices, restrict outputs or allocate customers, suppliers or territories. But the ACCC can grant businesses an exemption providing protection from legal action under the Competition and Consumer Act when such conduct results in benefits to the public.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Electricity market misconduct

Part XICA of the Competition and Consumer Act applies to all electricity generators and to retailers that generate and supply electricity to small customers. Part XICA establishes three specific prohibitions targeting certain conduct in electricity markets. The prohibitions relate to retail pricing, financial contract market conduct and conduct in electricity spot markets.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Exclusive dealing

Broadly speaking, exclusive dealing occurs when one person trading with another imposes some restrictions on the other’s freedom to choose with whom, in what, or where they deal. Exclusive dealing is against the law only when it substantially lessens competition.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Imposing minimum resale prices

A supplier may recommend that resellers charge an appropriate price for particular goods or services but may not stop resellers charging or advertising below that price.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Misuse of market power

A business with a substantial degree of power in a market is not allowed to engage in conduct that has the purpose, effect or likely effect of substantially lessening competition in a market. This behaviour is referred to as ‘misuse of market power’. It is not illegal to have, or to seek to obtain market power by offering the best products and services.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Refusal to supply products or services

In most cases, businesses have the right to decide who they do business with. There are a few circumstances, where a suppliers' refusal to supply is breaking the law.

Which of the following is an unfair anti competitive trade practice in sport/event marketing

Unconscionable conduct

Unconscionable conduct is generally understood to mean conduct which is so harsh that it goes against good conscience. Under the Australian Consumer Law, businesses must not engage in unconscionable conduct, when dealing with other businesses or their customers

Which of the following is an unfair anti competitive trade practice in sport/event marketing

COVID-19 & anti-competitive behaviour

The COVID-19 pandemic may have changed how businesses you deal with are behaving to respond to the pandemic. This guidance aims to help you to identify what might be anti-competitive behaviour and what you can do.

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Which is an example of a governing body in the sports industry?

The best-known example is the International Olympic Committee (IOC), the organizer of the modern Olympic Games. General sports organizations are responsible for sports-related topics, usually for a certain group, such as the Catholic or Jewish sports groups.

Why do sport event marketers concern themselves with security for events?

Why are sport/event marketers concerned with security? Sport/Event organizations put security teams in place to prevent the theft of money or property from fans during games and work with law enforcement to control crowds and diffuse any potentially dangerous situations.

Which law allows major professional sport leagues to determine which games will be shown in certain geographic areas?

Q. Which law allows major professional sport leagues to prevent certain games from being shown in certain territories? The Lanham Act.

Which is the first step that a business should take when collecting marketing?

The first step in the marketing research process, then, is to establish a SMART objective. This should be a Specific, Measurable, Attainable, Relevant and Timely marketing goal that the organization wishes to achieve: to develop, to grow, to compare, to measure, etc.