Word: antitrusters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...past decade or so, the trustbusters seem to have run out of clearly evil dragons to slay. The fact that bigness is not necessarily bad also seems to be sinking in. Indeed, bigness can boost U.S. competitiveness abroad. Richard McLaren, chief of the Justice Department's antitrust division in the early Nixon years, is widely regarded as the last antitrust boss to do anything truly innovative; under Jimmy Carter, no new major antitrust cases were filed...
...early signs indicate that the Reagan Administration will continue the lassitude in antitrust action. During his confirmation hearing in March, Reagan Antitrust Chief William Baxter, a Stanford law professor, strongly hinted that he would not meddle in such deals as Standard Oil of California's $4 billion bid to buy Amax, a producer of molybdenum and specialty metals, Standard Oil of Ohio's decision to buy Kennecott Copper for $1.8 billion, or Arco's purchase in 1977 of the Anaconda Co. The mere mention of such mergers between natural-resource giants would have set an oldtime trust...
...they upheld the restaurant's right to a trial on the grounds that the church's absolute veto power violates federal antitrust laws, enabling it to eliminate competition for other neighborhood restaurants and bars which have gained the church's support through "various tangible and intangible favors," Laurence H. Tribe '62, professor of Law and attorney for Grendel's said yesterday...
...Budget Director David Stockman, have argued with a protectionist-minded group headed by Transportation Secretary Drew Lewis over whether to press Japan to restrain imports "voluntarily." Attorney General William French Smith added to the confusion last week by releasing a memo arguing that any such deal would violate U.S. antitrust rules. The Cabinet last Thursday discussed a report that presented options ranging from legal limits on Japanese auto imports to no action at all, but it reached no decision...
Japanese businessmen do not have to bear the heavy burden of government regulation that American industrialists do. For example, antitrust rules barely exist. This permitted the Japanese auto companies to get together with government officials and agree on a common design for antipollution equipment. That would have been against the law in the U.S., where each auto company worked independently to develop its own system. Japanese carmakers today are at least two years ahead of the U.S. in emission-control technology. In a similar way, government and business usually work out mutually acceptable agreements for solving the considerable problems...