Word: antitrust
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...into newspaper reporting and book writing. But because Chicago had granted Bork a B.A. in less than two years, Columbia University refused to send him a journalism school application. So he turned instead to Chicago's law school. The first classroom professor he encountered there was Edward Levi, an antitrust scholar who later became Attorney General and Bork's boss under Gerald Ford. "He was the most fantastic teacher I ever knew," Bork says. "He took the big ideas in the law and played with them, always by indirection." Levi's technique was to prove abrasively why more obvious explanations...
When President Ford was defeated, Bork briefly considered a Washington law practice but ultimately decided to return to Yale. The move was a financial success, but unsatisfying nonetheless. He published his book, The Antitrust Paradox, ten years in the making, debunking the antitrust notion that bigness was badness in corporate America. Businessmen flocked to his New Haven office, willing to pay $250 an hour for his counsel on antitrust and Justice Department matters. His income soared into six figures, and he quickly paid off a small debt left over from his children's schooling and began to build...
...Antitrust. Bork has had formidable influence in the field of antitrust, his legal specialty. His view that Congress, which entered the fray with the 1890 Sherman Act, intended to prohibit only those mergers that discourage "economic efficiency" has many followers in the antitrust division of the Reagan Justice Department. Bork finds fault with most of the subsequent attempts by Congress to define anticompetitive practices and to interfere with vertical mergers. Deferential to legislatures in most constitutional disputes, Bork becomes positively Swiftian in his gloom about their capabilities in the economic field: "Congress as a whole is institutionally incapable...
...science adviser: "It is not so much a fear as a certain realization. The Japanese will move very aggressively in this area." Reagan outlined an eleven-point plan that ranged from the promise of $150 million in Defense Department funds over the next three years to the relaxation of antitrust laws so that firms may collaborate on projects. Recalling remarks by Frank Press, president of the National Academy of Sciences, Energy Secretary John Herrington declared, "Superconductivity has become the test case of whether the U.S. has a technological future...
...cite overworked air-traffic controllers and bad weather as reasons for delays. But the carriers bear much of the blame because they routinely bunch too many flights into the most popular travel times, thus creating what might be called winglock on the runways. As one remedy, Secretary Dole suspended antitrust rules in March to allow airline executives to sit down together and arrange their schedules for more realistic departure times. American Airlines, for example, has rescheduled 1,537 of its 1,600 flights and added 150 hours a day of flight time to its timetables...