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Baseball Hearings

The economics of baseball have become a federal issue. Commissioner Bud Selig testified today before a Senate Judiciary Committee on the disparities between large market and small market teams. A blue ribbon panel created by major league baseball says small market teams are increasingly unable to field competitive clubs. It's recommending some changes in the game's financial structure. The Senate says it doesn't want to regulate the national pastime, but some lawmakers say that baseball isn't moving fast enough to correct the game's imbalances.

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