This would be really bad for boxing and it would damage the sport even more so than how it is being run now. Boxers would earn less and rankings would be manipulated resulting in a farce with Dana making more money.
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I would like to believe that boxing is entrenched enough that even someone as powerful as Dana and Zuffa would face a lot of blowback if they so much as tried to enter the market. I find it very ballsy of them to even entertain this notion seeing as how they have been bogged down in anti-trust lawsuits for years as far as MMA is concerned.
I would hope they get rejected on what they have done in the past.