After the 1994 strike Major League Baseball experienced a period of distinct uncertainty. Average game attendance fell and Congress called into question baseball’s presumed antitrust exemption. Broadcast rights disputes for popular teams created complications for fans. However, new stadium facilities and the renewed excitement brought to the game by shatteried batting records and the blazing pitchers of the late 90s brought fans back. A strike was narrowly averted at the end of the 2002 season, a campaign that saw the unlikely Anaheim Angels claiming the coverted World Series trophy. Beneath these encouraging developments, however, deep problems persist within Major League Baseball. This book explores the abuses and the inefficiencies in the functioning of the baseball industry and how these problems are directly connected to the Major League Baseball’s monopoly status, its presumed exemption from antitrust regulation, and public policy. Andrew Zimbalist spares no criticism for baseball’s leadership in the 21st century. He asserts the biggest problem for baseball remains the economic realities of its monopolistic practices. The absence of competitive pressure has arrogance, laxity and inefficiency in Major League Baseball, according to Zimbalist. Among other recommendations, he argues that lifting the presumed exemption would allow government and judicial oversight, with an eye toward ending the abuses. This volume offers a solid analysis of the state of one of America’s favourite pastimes.