Word: antitrusters
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...stroke. He fell out of contention, but the shot still meant $4,500 in lost pay. Twice, that same situation has cost Tom Kite tournament championships and a total of $59,800. Such scrupulous honesty is the rule in professional golf, though there are exceptions. Using her trusty antitrust iron, Jane Blalock once had to go to court to fight off a lynch mob of fellow competitors who wanted to ban Blalock for the way she marked her ball on the green. Bob Toski, her teaching pro at the time, prescribed professional help of a different kind. Publicly he wondered...
...still circulating competing drafts of the State of the Union address the President is to deliver Tuesday night. One point not in much dispute is that the President will stress the need to restore U.S. "competitiveness." He plans to propose some form of retraining for workers, a loosening of antitrust laws to enable American companies to band together against foreign competition, and increased federal assistance to American research and development. Ohio Congressman Bill Gradison, a key Republican on the House Budget Committee, says the President's aides "have judged that there will be a trade bill and signaled their willingness...
...that a business-school professor gave a slide presentation at a seminar to National Football League executives, allegedly on a strategy for putting the United States Football League out of business, which seems to have happened. The Harvard seminar was cited as evidence in the recent and largely unsuccessful antitrust suit brought by the U.S.F.L. against the N.F.L. Nor was Harvard flattered in 1982 when students playing a business game hacked into their opponents' computer to steal inside data. "We never had a meeting over whether it was right or wrong," said one of the hackers. Still, well- informed observers...
...fated United States Football League last week took two more steps toward oblivion. First, team owners decided to suspend the 1986 U.S.F.L. season after jurors awarded the league a mere $1 in damages in its antitrust suit against the National Football League. Since that left 400 contracted U.S.F.L. players at least temporarily out of work, owners gave them the O.K. to try out for N.F.L. and Canadian teams...
...courts were the league's last hope. In 1984 U.S.F.L. Commissioner Harry Usher and his owners had filed an antitrust suit. Though major-league baseball has been exempt from antitrust laws ever since a 1922 Supreme Court decision, other pro sports are not. Alleging that the N.F.L. had "willfully acquired and maintained a monopoly," the U.S.F.L. charged the older league with trying to drive it out of business, principally by leaning on the networks to withhold television contracts...