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Explain in detail the salary arbitration in major league baseball. Include its genesis, rationale for implementation, and the actual process including where it is held,

Explain in detail the salary arbitration in major league baseball. Include its genesis, rationale for implementation, and the actual process including where it is held, the offers by the parties, and what information can and cannot be used. You may, and should consult, the collective bargaining agreement for major league baseball.

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