MLB is indeed a monopoly, but it is legally so; MLB has a special exemption to the antitrust statutes as bestowed on them by Congress. Interestingly, the NFL failed to ask for an antitrust exemption when it was formed and, as a result, had a lot of extreme legal problems involving teams moving from city to city, notably the Raiders and their Oakland-LA-Oakland moves. In response to their loss against the Raiders' move(s), the NFL actually sought to have an antitrust exemption passed, but they wanted it to be retroactive to a point prior to the Raiders' furst move and they lost in Congress...
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