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Baseballs exemption from antitrust statutes, based on the notion that it was not involved in interstate commerce, erroneous back in 1922 and more so … - Andrew Zimbalist
" "Baseballs exemption from antitrust statutes, based on the notion that it was not involved in interstate commerce, erroneous back in 1922 and more so in the 1950s, became even more anomalous in 1957, when the Supreme Court declared football to be subject to the antitrust statutes and stated that baseball's exemption was "unreasonable, illogical and inconsistent."
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About Andrew Zimbalist
Andrew S. Zimbalist (born October 16, 1947) is an American economist. He is currently the Robert A. Woods Professor of Economics at Smith College. Zimbalist received his B.A. from the University of Wisconsin–Madison, in 1969 and his M.A. and Ph.D. from Harvard University in 1972 and 1974 respectively. He is a member of the editorial board of the Journal of Sports Economics.
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It is true that I described antisocial, parsimonious, sanctimonious, and wasteful behavior by the owners over the years, but baseball's problem is structural, not individual. Put any individual into a position of power with an opportunity to make tens of millions of dollars in an industry that is on a cultural pedestal and protected from all forms of competition, and the odds are against the second coming of Lee Iacocca or Ralph Nader.
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