Competition in global sports is structured through various governing bodies, such as FIFA for soccer and the IOC for the Olympics. These organizations set regulations, ensure fair play, and organize events. Competitions are typically segmented by age, gender, and skill level, allowing athletes to compete fairly. Major international events, like the World Cup or Olympics, involve qualification rounds, culminating in the championship events that attract global viewership. This structure not only promotes sporting excellence but also enhances the global sports economy.