Word: antitrusters
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...Loyal Servant: Vice President and General Counsel Daniel Steiner '54 takes his loyalty to Harvard seriously. Very seriously. So while University administrators nationwide have complained that a massive federal antitrust probe is costing them thousands of dollars in legal fees, Steiner said he would gladly bear the brunt of that cost himself. "The legal costs come out of my budget, so my family won't be eating for a while," Steiner said with a laugh. "But that's all right. Anything for Harvard...
There aren't a whole lot of things Harvard administrators know for sure about the ongoing Justice Department antitrust investigation of more than 50 schools nationwide...
Steiner should know. When the department launched its investigation this summer, notifying Harvard and a handful of other schools that they were being scrutinized for possible antitrust violations, Steiner and his staff drew the unenviable task of finding and organizing the necessary records...
That, plus the fact that few university lawyers have an antitrust background, has led the schools to look outside for help. Most of them found it in Washington, where the nation's leading antitrust lawyers practice...
...charges, based upon federal antitrust statutes, raise the spectre of collusion and the abuse of power--intentional or not--by some of the nation's most respected institutions...