Word: antitrusters
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...They are trying to use an existing monopoly to retard introduction of new technology," says Gary Reback, the Silicon Valley antitrust lawyer representing Netscape and other Microsoft competitors. The stakes are much higher than whose Web browser wins. Netscape is enhancing its browser to serve as a platform to run applications. "In other words," says Reback, "if Netscape is successful, you won't need Windows or a Microsoft operating system anymore." On the other hand, if Microsoft is allowed to embed its Web browser into its operating system in a manner that maintains its monopoly, Reback warns, "where will...
Though the stakes are clear, the law (which was developed in the era of railway barons) is not. After deadlocking, the Federal Trade Commission in 1993 surrendered jurisdiction over Microsoft to the Justice Department. FTC Commissioner Christine Varney, an expert in the field, says it's hard to apply antitrust law in a fluid situation. "My concern is with the law's ability to keep pace with market conditions in fields that change so rapidly," she says. "Once it's clear a practice is anticompetitive, the issue may already be moot...
...companies have been cutthroat competitors for years. Any merger is certain to prompt antitrust concerns. Together, for example, they control more than 23% of the funeral market in Florida, considered the El Dorado of the death business. In Seattle, Loewen owns a funeral home located on the grounds of an SCI-owned cemetery. The ftc has demanded company records to try to gauge the probable effect in states where both companies have a large, overlapping presence. Loewen says nine states, including Florida, have notified the company that they plan their own antitrust reviews. And Loewen itself has filed a defensive...
...public confidence in the justice system and attracted a new crop of young lawyers to public service. Her department's prosecutors have won convictions of high-profile criminals ranging from airline-bomb-plot mastermind Ramzi Yousef to Mexican drug tycoon Juan Garcia Abrego. And she has revitalized Justice's antitrust, civil rights and environment divisions. But she has also failed to harness her popularity to win important legislative battles, such as expanding the FBI's wiretap authority. Her darkest day remains the deadly assault on the Branch Davidian compound in Waco, Texas; its devastating effect on the morale...
...more than two decades, scrappy long-distance carrier MCI has clamped onto AT&T like a demented terrier on a mailman's ankle and refused to let go. It was MCI's antitrust charges against the old Ma Bell that led to the breakup of AT&T's telephone monopoly. Now MCI is joining forces with British Telecommunications--Britain's formerly state-owned telephone company--to form an empire with the clout to go phone-to-phone around the world with AT&T and other giants...