The men's freestyle lightweight competition at the 1948 Summer Olympics in London took place from 29 July to 31 July at the Empress Hall, Earls Court Exhibition Centre. Nations were limited to one competitor.[1]
This freestyle wrestling competition continued to use the "bad points" elimination system introduced at the 1928 Summer Olympics for Greco-Roman and at the 1932 Summer Olympics for freestyle wrestling, with the slight modification introduced in 1936. Each round featured all wrestlers pairing off and wrestling one bout (with one wrestler having a bye if there were an odd number). The loser received 3 points if the loss was by fall or unanimous decision and 2 points if the decision was 2-1 (this was the modification from prior years, where all losses were 3 points). The winner received 1 point if the win was by decision and 0 points if the win was by fall. At the end of each round, any wrestler with at least 5 points was eliminated.[2]
Bechara withdrew during his bout. Pérez withdrew after his loss.
Baumann and Nizzola had each finished round 5 with 7 points and were eliminated, but faced off in a bronze medal bout won by Baumann. Atik defeated Frändfors to take the gold medal.