Word: antitrust
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...Clinton Justice Department are discussing a settlement of an antitrust case that should soon allow MIT and the Ivy League schools to once again share financial aid information about prospective students, several press outlets reported yesterday...
TIME: You three have dinners together, which was once unthinkable. You have visited the President together. Now this. Aside from a change in the atmosphere in antitrust, why all this togetherness...
...market solution is ending the health care monopoly--not through an antitrust policy, but by simply abandoning the restrictions which have made and encouraged that monopoly...
...world tainted--from the president of Stanford University, who "appropriated" federal grants for home improvements, to the Yale president who decided to forego his comfortable (albeit quasi-academic) appointment to go into business in a completely forprofit "educational" enterprise. Still, it seems odd that the government should focus its antitrust wrath on MIT and eight Ivy League schools...
Recently, a Federal Appeals Court returned to the lower courts a prior decision that found MIT guilty of breaking the Sherman Antitrust Act. According to the original verdict, the school had joined Ivy League colleges in "price-fixing" financial aid. The universities had been convening annually to ensure that mutual applicants would receive identical aid packages. All of the Ivies quietly acquiesced to out-of-court settlements that required them to cease the "data sharing." But MIT stood behind its beliefs, and went to court...