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Sports economists say restrictions on compensation for college athletes reduce economic efficiency

( March 10, 2021, 22:31 GMT | Official Statement) -- MLex Summary: Sports economists told the US Supreme Court that the consensus of research rejects any claim that cooperation by members of the National Collegiate Athletic Association in setting and enforcing limits on athlete pay is required to create maximally popular college sports. “Ignoring this consensus leads to the erroneous conclusion that the NCAA and its members cannot engage in anticompetitive collaboration in ‘core venture functions.’ This erroneous assertion, in turn, leads to legal and policy conclusions that are harmful to the competitive process and reduce economic efficiency,” they said.See document below. ...

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