Word: antitrust
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...hold on to it. (Muny made a profit of more than $200,000 last year while charging customers seven per cent less than CEI. CEI resents this competition and has long tried to strangle the city's company. In 1977, the Nuclear Regulatory Commission found CEI had violated the antitrust laws, and it ordered CEI to take 10 corrective measures, including transmitting cheaper power to Muny. The city is now pressing a $327 million antitrust suit against CEI which would become moot if CEI purchased Muny...
...President Carter has shifted the balance of federal R. and D. spending, which this year will total $30 billion, toward basic research. Carter this month will also present the results of a 20-month Commerce Department study on innovation. Presidential recommendations are expected to include modifications of patent and antitrust laws to protect inventors and encourage joint developments, tax breaks for small innovative businesses, and the creation of cooperative technology centers to get technical information flowing among business, Government and academe...
...time or who earns more than jury duty pays-$30 a day plus some extras-will opt out. That leaves, says Stanford Law School Professor William Baxter, juries of "the old, the jobless and the poor." At the 14-month trial of SCM vs. Xerox, a $1.5 billion antitrust suit, the jurors' average education level was tenth grade...
...judge. So why do many lawyers choose to try complex cases before a jury? "Usually it's because they think they have a weak case that they couldn't win before a judge," says New York Lawyer David Boies, who defended IBM in one of its many antitrust suits...
...wants to avoid jury duty. Many lawyers and judges alike are wary of doing away with juries altogether in big cases. Judges have their own biases; at least juries offer what Los Angeles Lawyer Maxwell M. Blecher calls "a bouillabaisse of public viewpoints." These are worth hearing in the antitrust area. Says Business School Professor Donald Vinson: "The question in an antitrust case is not just whether one company should pay another money. It is whether economic power should be concentrated in a big corporation...