Word: anti-trust
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Even for a firm that's in the business of creating headlines, this one is special: British-based Reuters today announced that its board had agreed, after weeks of negotiations, to a $17.2 billion takeover bid from Canadian information provider Thomson. Assuming anti-trust regulators in the E.U., U.S. and U.K. sign off, the deal will forge the world's largest business news and information provider. Thomson-Reuters, as that merged business is to be known, will be led by current Reuters CEO Tom Glocer...
...evenly matched, they may enter a kind of Cold War, with neither company able to dominate the other. If today's deal is sure to draw regulators' attention, for example, any play by Bloomberg to pick up additional market share via acquisition would likely draw even closer anti-trust scrutiny...
...closing thoughts. One, there's a lot of functionality built into Vista - look at the photo editor, which is integrated with the operating system and which works like a stripped-down version of the already-stripped-down Photoshop Elements. Isn't that the kind of anti-competitive integration that got Microsoft into anti-trust court last time around? (Not that they ever left: they're facing hundred-million Euro fines in Europe as we speak...
...allowed to run their course without political interference, the bankruptcies will likely bring fundamental shifts and consolidation in the industry-if Department of Justice anti-trust lawyers go along. That will eventually mean fewer carriers and slightly higher fares. There will almost certainly be more mergers like the one that is already underway between America West and US Airways. Southwest, which traditionally remains aloof from its peers, recently paired up with bankrupt ATA Airlines. Continental, Delta and Northwest already have joined up in other ways, so it is possible those three airlines could become one. American Airlines, which...
...otherwise unerringly capitalistic. At the end of the day, as both creative and business minds repeatedly emphasized, companies are interested in making money. Agents and execs move assets, and those assets happen to be people. They’re packaging products and the product is an image. Anti-trust laws in Hollywood are now dead. Large companies are swallowing up independent studios and with them the autonomy of creative voice...