> You also would not let one football team buy up 60% of the other football teams in the world and merge them into one MEGA-TEAM.
Why not? If that mega-team wants to destroy their revenue stream (People want to watch competitive football, as opposed to curb-stomps), they are free to do that.
And you believe that MEGA-TEAM won't get bailed out? Because otherwise bloated corpse of MEGA-TEAM will smother football as we know it?
What do you mean bailed-out?
The whole point of competitive sports is for there to be, well, meaningful competition. All the money in that industry only exists if there's meaningful chances for either team to win. Winning too hard is a detriment to the winner.
That is incredibly different from capitalism, where the whole point of it is for one of the participants to win the competition, to the deteriment of the rest of us, which is why society comes up with elaborate rules for preventing that.
You also would not let one football team buy up 60% of the other football teams in the world and merge them into one MEGA-TEAM.
But apparently we still cannot summon the willpower to enforce simple and straightforward 100+-year-old antitrust laws (so instead we make new ones and just won't enforce those either).