Word: antitrust
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...reject Simon's latest deal on the ground that it would substantially lessen competition among Hawaii's banks. In its application, First Hawaiian, which has 58 branches, said it would sell three offices outside Honolulu once the merger was approved. Bank officials had hoped the step would help eliminate antitrust objections to the purchase of First Interstate. Even if the Federal Reserve ultimately approves the merger, Justice could go to court to block the deal...
Several state attorneys general are investigating Sandoz for possible antitrust violations, while a handful of advocacy groups have launched lawsuits to force Medicaid to pick up the clozapine tab. But to patients with schizophrenia, these legal and legislative maneuverings mean little. All that matters to them is an impossible price tag standing between their current mental anguish and a productive life...
Bush's mission was on behalf of America's domestic oil producers. But as a net importer, America has an overall national interest in paying as little as possible for oil. The oil price-fixing cartel is in flat violation of U.S. antitrust laws. American oil producers are, in effect, auxiliary members. If the OPEC ministers met in Houston, they could be arrested on the spot. Perhaps the fact that they meet in foreign countries makes them immune from our law, but it should not make them immune from our contempt. And American soldiers should not die in the desert...
...copies of prerecorded movie tapes. Dunlap and his colleagues ran into the same objections to their dual-deck technology in 1984. They were also unable to find any electronics companies willing to manufacture their machines or supply the needed parts. In 1987 Dunlap's company filed a $1.5 billion antitrust lawsuit against 28 defendants, charging that JVC, NEC and other large consumer-electronics firms, as well as the Motion Picture Association of America, were illegally blocking the new product...
...Relax antitrust laws that prevent U.S. companies from collaborating on ventures abroad, which would make them more competitive...