1955 in Boxing - United States V. International Boxing Club of New York, 1955 European Amateur Boxing Championships (Paperback)

Chapters: United States V. International Boxing Club of New York, 1955 European Amateur Boxing Championships, Boxing at the 1955 Pan American Games. Source: Wikipedia. Pages: 20. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: United States v. International Boxing Club of New York (348 U.S. 236, 1955), often referred to as International Boxing Club or just International Boxing, was an antitrust decision of the U.S. Supreme Court. By a 7-2 margin, the justices ruled that the exemption it had previously upheld for Major League Baseball was peculiar and unique to that sport and that it did not apply to boxing. Since it met the definition of interstate commerce, the government could therefore proceed with a trial to prove IBCNY and the other defendants had conspired to monopolize the market for championship boxing in the United States. It was the first time another sport had argued it was covered by the same exemption as baseball by virtue of being a professional sport. Chief Justice Earl Warren, writing for the majority, admitted that it would never have reached the Court but for the baseball exemption, and dissenting justices Felix Frankfurter and Sherman Minton were unsparing in their criticism of the arbitrary nature of this distinction. The case was remanded for trial, which the government won, forcing the breakup of some of the defendant companies. An appeal of that decision also was ultimately decided by the Supreme Court four years later, upholding the wide discretion and scope of district court judges in shaping remedies for antitrust violations. In January 1949 James D. Norris and Arthur Wirtz, who controlled boxing at several major arenas including Madison Square Garden, Chicago Stadium and Detroit Olympia, paid the recently retired Joe Louis $100,000 for four fighters he managed....More: http://booksllc.net/?id=16101381