The International Baseball Federation (IBAF), not a company but a sports organization, plays a pivotal role in governing international competitions in baseball. Unlike a typical company, the IBAF doesn’t have an owner but is overseen by a council of members from various national baseball federations. Central to its operations, the IBAF is responsible for setting rules, standards, and organizing international tournaments like the World Baseball Classic. Its sphere of influence extends globally, coordinating with member organizations across continents to promote and develop the sport of baseball worldwide.