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> How is baseball a monopoly? Major League Baseball literally has an antitrust exemption granted by the US Supreme Court and has for 100 years. "MLB’s antitru
by brewdad 4y ago
> How is baseball a monopoly?
Major League Baseball literally has an antitrust exemption granted by the US Supreme Court and has for 100 years.
"MLB’s antitrust exemption empowers the league and its clubs to conspire in ways that might otherwise run afoul of antitrust law. The current version of the exemption allows caps on minor league players’ salaries (also known as wage fixing), denial of clubs opportunities to move to larger markets, and pooling of intellectual property rights, all without worry of antitrust litigation." [1]
[1] https://sports.yahoo.com/mlb-antitrust-exemption-explained-revocation-171307791.html https://sports.yahoo.com/mlb-antitrust-exemption-explained-r...