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Re: monopoly definition
On 15 Oct 2002 at 13:05, Dave Faneuf wrote:
> There are markets in MLB with more than one team, owned by different
> entities so why would they be protected under an anti-trust exemption
> since there is not a monopoly in that particular city?
There may be more than one team in the market, and they may have different owners, but
they all belong to the same cartel, namely Major-League Baseball. Teams can't be sold or
move without MLB approval, and they all follow the same set of rules.
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