MLB’s Antitrust Exemption: On Its Last Strike?
Photo by Jakob Rosen on Unsplash BACKGROUND In 1922 the United States Supreme Court made the unprecedented decision to grant Major League Baseball a unique exemption from the Sherman Antitrust Act, essentially allowing the organization to function as a monopoly. The purpose of the Sherman Antitrust act was to prevent anticompetitive behavior to protect against the possibility of organizations inflating prices and limiting competition. In 1922, in the case of Federal Baseball Club of...