Word: antitrusters
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...high technology. So powerful is IBM in Europe that it did more business there last year ($10.6 billion) than its nine largest rivals combined. But Big Blue's success has aroused European fears and suspicions. Nearly four years ago, the European Community brought the most ambitious antitrust suit in its 26-year history against the American firm. The key charge: IBM stifled competition by holding back technical information about its largest and most widely used family of computers, the System/370...
...that the N.C.A.A.'s TV contracts illegally restrained the commerce in long passes and end runs. Last week the Supreme Court upheld their claim. Writing for a 7-to-2 majority, Justice John Paul Stevens found that however worthy the N.C.A.A. might be, it had violated the federal antitrust laws. Dissenting Justice Byron White, a former football All-America at the University of Colorado, argued that the TV plan was just one element in a larger N.C.A.A. structure designed to discourage the "professionalization" of intercollegiate sports. Stevens saw the action differently. Without the N.C.A.A. restrictions, many more games would...
...expert on regulatory policy, Ginsburg is currently on leave from the Law School as deputy assistant attorney general in the Justice Department's antitrust division...
...network besides being the seventh-largest U.S. steelmaker, appeared ready to leave the slumping steel business only three months ago. At the time, it agreed to sell its steel operations for $575 million to U.S. Steel, the industry's leader. But that deal collapsed in March because of antitrust problems in Washington. Says National Chairman Howard Love: "Our original intent was not to get out of steel, but to find a world-class partner who would allow us to stay in it very successfully...
...Ohio, within six months after the deal goes through. The Alabama plant makes hot-and cold-rolled carbon and plate steel, while the Ohio one produces sheet stainless steel. The Justice Department said that paring down the production capacity of the new company will put the agreement within its antitrust guidelines...