Word: antitrust
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...about enforcing the law, it is also about changing it, deciding which laws to challenge, how aggressively to prosecute and where to throw your best lawyers. Women's groups question his willingness to enforce laws protecting access to abortion clinics; consumer groups wonder how aggressive he will be on antitrust matters. When religious as well as legal principles are at stake, which ones prevail? In a nationally known right-to-die case, Pete Busalacchi battled Ashcroft for years over the right of a parent to end the life of a comatose child with no hope of recovery. The long fight...
...plans to grow by first shrinking a little. American would pay $1.2 billion to United for about 20% of the assets of US Airways, the No. 6 carrier, which United was trying to acquire before federal regulators delayed that $4.3 billion deal. By unloading assets, United figures to win antitrust approval for the merger. American would also shell out $82 million for a 49% stake in DC Air, a Washington-based start-up that Robert Johnson, founder of Black Entertainment Television, is carving out of US Airways...
When I was covering the Microsoft antitrust trial, the company invited me to have breakfast with its legal team. We covered all the basics: whether Microsoft was a monopoly, whether its actions had caused "consumer harm." But what stuck with me was a remark by a high-level Microsoft executive. He had heard I once worked for a federal judge he knew. The more I tried to focus on the antitrust issues, the more I kept wondering how this man I'd never met summoned up this nugget from my past...
...challenge for any analysis of the Microsoft antitrust saga is to resolve its central enigma: How could the same people who'd been so brilliant in the lab and the boardroom--building the world's most valuable corporation in a mere generation--have been so wrongheaded in the courtroom? Auletta has a provocative answer: what the Jesuits call holy effrontery. He argues that Bill Gates and his disciples are so convinced of the rightness of their cause that they can't even conceive that they might be wrong--or that any fairminded person could think...
...monopolistic. Some experts are unimpressed by this move. "United is throwing Justice a bone," says Richard Gritta, professor of finance at the University of Portland's R. B. Pamplin School of Business. That bone - and an incoming business-friendly administration - could be enough; analysts predict relatively laissez-faire antitrust efforts at Justice...