Word: antitrusters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Normally, Santa Fe, N. Mex., Judge Edwin Felter spends his days dealing with burglaries, muggings and an occasional divorce case. But this month Felter's courtroom has become center stage for more than 200 top corporate, international and antitrust lawyers. By a quirk of jurisdiction, Felter is presiding over one of the largest and most complex corporate lawsuits ever filed in an American court-a $2 billion-plus action by a New Mexico uranium mining company, United Nuclear Corp., against General Atomic Co., a 50%-owned subsidiary of Gulf Oil Corp., for fraud, coercion and breaches of the nation...
...protestations that it was forced into the group by the Canadian government? And did the cartel's operations, even though they were confined to foreign markets, help to push up prices in the U.S.? If the courts decide that both answers are yes, Gulf would be open to antitrust prosecution by Washington, to private suits by any U.S. buyers of uranium who were hurt by the price blowup and even, conceivably, to suits by some of the 30 million-odd U.S. individuals and businesses that are paying higher rates for electricity because nuclear-power companies are paying more...
...steelmen are awaiting a report from an Administration task force, headed by Treasury Under Secretary Anthony Solomon, on ways to help the industry. The Solomon report, due in four or five weeks, could recommend an OMA for steel, tax credits for the industry, or even changes in antitrust law that would help American companies get together to overcome the pricing advantage that foreign steel mills have over U.S. companies...
...last year were $8.3 billion, and profits $181 million). But Bayer officials say that though they may go higher than their opening $40-a-share offer, they have no intention of getting into a long battle for Miles-and besides Washington trustbusters are examining whether the acquisition would violate antitrust laws. Should they oppose the takeover, the traders who have grabbed up Miles stock may need some of Alka-Seltzer's plop, plop, fizz, fizz relief...
...Corp., a joint venture of the New York Times, Washington Post and Whitney Communications, the old Trib's last owner. Accordingly, IHT Corp. is suing the owners of the new Trib for trademark infringement. The Trib, in turn, has sued IHT and the Times for harassment and antitrust violations, asking $7.5 million in treble damages. Saffir accuses IHT of trying to prevent his paper from appearing, and notes that at least 250 U.S. papers use the word Tribune in their titles. Says he: "We're calling it the Trib because the name is short and snappy, with newspaper...