... hearings opened Tuesday to investigate possible violations of antitrust laws by college football's Bowl Championship Series.

This opens the whole can of worms again. It's one of those topics we can't help arguing about. It's a great discussion because as fans, we mostly agree—we need a playoff—and we can all be indignant together.

The hearings, led by Utah Senator Orrin Hatch (a member of the Senate Antitrust Subcommittee), take things a step further. To many people such government intervention seems unnecessary and over the top, but a little bit of digging reveals that, really, there's a point—and it's quite good.

There are two aspects of the BCS that until now have slid under th...

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