Sign In Home About us Members Events Upcoming events Past events News Papers Books Videos You are here Home » Working Paper Working Paper Entertainment made in Spain : competition in the bullfighting industry Jul 15, 2015 Francisco Marcos Working Paper procedural issues Controversial for many reasons, bullfighting is probably one of the most typical entertainment activities in Spain. Bullfights are an idiosyncratic spectacle belonging to the Spanish cultural tradition, but which has also a meaningful economic significance. This paper will look at the role of market forces and competition in the bullfighting industry, describing the peculiarities of its organization and looking at the many anticompetitive features that characterize it. Spanish local authorities are strongly involved in the organization of bullfights and strict and detailed public rules govern the intervening actors and the performance during the shows. Thus, the institutional framework of bullfighting heavily constrains competition conditions in the industry, setting the scenario for a limited role of market forces. Furthermore, history shows that the collective organization of different players involved (promoters, breeders, bullfighters and subordinates) in order to exert their market power has occasionally lead to anticompetitive actions and reactions. Thus, unsurprisingly, the Spanish Competition authorities have dealt with some anticompetitive behaviour by some of the players participating in the bullfighting industry. View source> Read more about Entertainment made in Spain : competition in the bullfighting industry Upcoming Events Join Ascola Take part Sponsor Donate Contact Copyright © 2016, ASCOLA Created by ITLD-Solutions