Word: antitrusters
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Only three years ago IBM's bigness was its strength, enabling the company to dominate the computer industry so thoroughly that its competitors cried out for antitrust relief. No more. Today Big Blue's bulk has become a colossal burden. While the rest of the computer industry has emerged from an overall slump and surged forward with robust sales increases, IBM has plodded along (1987 revenues: $54.2 billion, up just 8% in a two-year period). IBM has tried to become lighter on its feet by cutting staff, modernizing factories and streamlining its process for getting new products to market...
...antitrust clause that forbids the Federal Communications Commission from allowing Media Mogul Rupert Murdoch to keep the New York Post and Boston Herald as well as television stations in each city...
...refusal of the owners to open their books hardly makes their claims to poverty credible. To top it all off, pro sports have an ambiguous legal status that stifles the mumblings about violations of antitrust laws that crop up periodically. Many years ago, the U.S. Congress granted Major League Baseball an official exemption from the nation's antitrust laws because of the sport's "unique" position in American society. But the courts--as in the recent USFL case, appeal of which is still pending--have refused to cite the other major leagues with monopolistic conspiracy...
...role as chief of regulatory policy at the White House's Office of Management and Budget in 1985. He helped delay asbestos regulations that were deemed too costly for the number of lives saved. Michigan Democratic Congressman John Dingell accused Ginsburg of destroying drafts of a letter on Government antitrust policy while he was at the Justice Department. Ginsburg countered that the drafts were prepared by his staff without his approval. Without the admission that he had smoked marijuana, it is unlikely that these minor accusations would have derailed Ginsburg's nomination. But his qualifications were certain to undergo critical...
...liberal Justice Thurgood Marshall, and later professor at Harvard, he left teaching to join the Justice Department as Deputy Assistant Attorney General for regulatory affairs. After a year, he went to work at the regulatory affairs executive office at the OMB, then returned to Justice to head the Antitrust Division. Impressed by his brainy efficiency, Meese recommended him to the President for the federal judiciary in 1986. There is only one quirk in the Ginsburg dossier: during his freshman year at Cornell, he dropped out and became a partner in a computer dating service, Operation Match, in Cambridge, Mass...