Word: antitrust
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Three months later, Yale President Richard C. Levin told the New York Times he favored abolishing early decision altogether. Earlier this month, Levin met with Justice Department officials to discuss whether a collective agreement among Ivy League schools to end early decision would violate antitrust laws...
Just last week, Levin met with a Justice Department official to discuss whether jointly agreeing with other schools to abolish early admissions would violate antitrust laws that prohibit colleges from collaborating on admissions procedures...
...companies selling their own products, Levin has a point - corporate names like BP-Amoco, ChevronTexaco and ExxonMobil demonstrate well enough the industry's recent wave of consolidation. But as Levin targets the brief but headline-making pump-price spikes of spring 2000 and summer 2001 and calls for antitrust action against the industry, he forgets how the got on this merger kick in the first place: the rock-bottom oil prices of 1999. Disappearing profits induced Exxon and Mobil to join forces in search of a vertically integrated economy-of-scale that could find, pump, refine and sell oil without...
Taubman, who donated $15 million in 1988 to found the center, colluded for six years with Sir Anthony Tennant, the former head of rival auction house Christie’s, violating a federal antitrust law by fixing the fees the auction houses charged to sellers...
That is not all the big steelmakers want. USX-U.S. Steel has asked Washington to waive antitrust law and let it merge with Bethlehem Steel, National Steel and other troubled companies. USX-U.S. Steel also wants the government to assume the unfunded pension and retiree-health-care obligations of its takeover targets--estimated at $13 billion over the actuarial lifetimes of retirees. At Bethlehem Steel--operating under Chapter 11 protection since October--13,000 workers now support benefits for 130,000 recipients. Much of the money, the steelmakers say, could come from revenues generated by tariffs on imported...