Who benefits from this arrangement who suffers

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The National and the American Baseball Leagues are two separate leagues. To prevent competition among teams for new players, a draft (similar to that used in that the football and basketball leagues) has been adopted, wherein each newcomer from a high school is assigned to a particular team. Under this agreement, or assignment, no other team owner will be allowed to sign that newcomer. Who benefits from this arrangement? Who suffers?

Reference no: EM13540091

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