New Zealand Institute for the study of competition and regulation inc.

Abstract

Should the Wellington City Council be in the business of paying David Beckham to play soccer? What was the government thinking when it offered New Line Cinema a tax break worth $300-400 million to shoot the Lords of the Rings trilogy in New Zealand? Johannes Van Biesebroeck looks at the stakes involved when governments compete to bring in event revenue and discusses who really wins at the bidding table.