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I don't think an undisputed championship would be possible. I certainly don't think it would be desirable.
Think of it this way: You have the Oscars and you have the Golden Globes, but even if you unified them, would the Best Actor really be the Undisputed Best Actor? What about the SAG awards? What about the Spirit Awards? What about (god help us) the MTV Movie Awards?
You will almost never get one person winning all of these. And that's a GOOD thing. Even if you did, there would be other awards, just like there are other wrestling federations.
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