Word: antitrust
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Dates: during 2000-2009
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...Diller ''the only person on earth who can make Paramount worth what is being bid for it.'' The proposed Bell Atlantic-TCI marriage will face months of scrutiny from armies of Washington regulators, Justice Department attorneys and state and local agencies. The key question: whether the nuptials would violate antitrust standards. While the deliberations will probably last until the middle of next year, the deal came under immediate fire from Howard Metzenbaum, the Ohio Democrat who chairs the antitrust panel of the Senate Judiciary Committee. Metzenbaum vowed to hold hearings and denounced the proposed combination as a ''megamonster'' that could...
...also illegal. With Netscape crying foul, the Feds successfully pressed an antitrust suit against Microsoft. The PR damage - Gates acting insolent on the witness stand, showing a convenient lack of memory about key business decisions - turned out to be short-lived and is all but forgotten as Gates remakes himself as a philanthropist. But the court's decree forced the great general to march cautiously into the future. He may have won the Battle of the Browser, but he would start to see major casualties in the Internet...
...does the potential combination appear to trip antitrust alarms. InBev's business is primarily overseas, and the Bud brands would continue to face strong competition from the soon-to-be-merged Miller and Coors breweries. The story of this deal may ultimately come down to two words: money talks. (Muscular Euros, in fact, talk real loud these days...
...shot off little note to Goodell co-authored by Vermont Senator Patrick Leahy, whose constituents were now faced with the prospect of watching the snow pile up instead of the Pats running it up against the Giants this Saturday. Their message: if the NFL would like to keep its antitrust immunity intact, perhaps it had better play ball with everyone. "Now that the NFL is adopting strategies to limit distribution of game programming to their own networks, Congress may need to reexamine the need and desirability of their continued exemption from the Nation's antitrust laws," warned a letter...
...this high-tech prowess is a matter of necessity. MeritaNordbanken controls about 40% of Finland's banking market, so a merger with another domestic bank to cut costs was out of the question on antitrust grounds. Merita therefore embarked on a two-pronged strategy: use mobile and Internet technology to cut overhead, and become Europe's most aggressive bank in expanding across borders. In April it completed a merger with Denmark's Unidanmark three years after Merita joined forces with Sweden's Nordbanken. The deals have made Merita the largest bank in Scandinavia. "We see ourselves as a pan-Nordic...