Word: antitrusters
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This fall, as expenses for lawyer Daniel K. Hampton, who has represented Microsoft in antitrust litigation, became problematic, TheFacebook made its first move toward outside investments. Normally investors shy away from companies facing a federal lawsuit, but Peter Thiel—co-founder of PayPal—was willing to take the risk...
...outstanding offenses,” a literal “parole board”—a large piece of plywood with the word “PAROLE” in block letters—and a trio of drag-wearing picketers protesting films including Antitrust and Mission to Mars...
...doubt it will be enough,'' concedes Jim Murray, director general of the European Consumer Association. Also, one man's junk food is another man's job - expect to hear a lot in coming months about the health benefits of chips and chocolate. - By Joe Kirwin Chemical Brothers European Commission antitrust police fined three chemical firms €217 million for running a cartel in the market for a widely-used chemical between 1984 and 1999. Dutch firm Akzo Nobel, France's Atofina - now Arkema - and Germany's Hoechst colluded to fix the price of MCAA, used to make food and cosmetics...
...discounters are making a dent. Nonetheless, house prices are rising so fast that agents are stuffing their pockets as never before. The Department of Justice is reviewing the new rules proposed by the N.A.R. to restrict access to the multiple-listing services with an eye to determining if any antitrust issues are involved. "There is no intent to keep anybody from accessing this data," says N.A.R. spokesman Steve Cook, who points to the group's website of listings. Not all firms would be free to use those listings, though, and critics argue that the data really belong to home sellers...
...surprising that Blockbuster would choose to spend so much reinforcing its presence in the brick-and-mortar portion of this business," says Marla Backer, a Research Associates--Soleil analyst. If the Blockbuster deal is struck, the combined company will control roughly 50% of the traditional rental market--which means antitrust regulators will probably get involved. Movie Gallery notes that this is not a problem its bid is likely to face.--By Unmesh Kher