Word: antitrusters
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...utilities from public agencies into corporations - a step toward partial privatization. The debate is sure to be electrifying. - By Terrence Murray Hard Times For Software Microsoft appealed the E.U. competition regulator's March ruling that the firm abused its dominant position in the PC operating system market. Meanwhile, Brussels antitrust officials revived a probe into allegations that U.S. chipmaker Intel abused its own market power to shut out rivals...
They're Still Just Winging It Alitalia has crash landed in a field of Catch-22s. The majority state-owned Italian carrier, which loses about €1.2 million a day, desperately needs a government bailout to avoid bankruptcy. But any rescue plan risks a veto from Brussels on antitrust grounds. Labor Minister Roberto Maroni promises the government will sign an emergency decree this week, reportedly set to dole out €120 million to Alitalia and Italy 's smaller carriers this year. That would keep the flagship airline afloat and avert disastrous labor strife. But even if the bailout gets past...
When Microsoft's chief executive Steve Ballmer flew to Brussels last week, he was carrying an eleventh-hour offer to settle the European Union's antitrust complaints against the company. But the E.U.'s antitrust czar, Mario Monti, wasn't swayed. Monti will proceed with his plans to punish the software giant for allegedly abusing its monopoly and harming competitors and consumers. Details will be announced this week, but the E.U.'s action promises to be the sharpest regulatory rebuke Microsoft has received, far harsher than the settlement the company made with the U.S. Justice Department and several states...
...Mario Monti's resolve to punish Microsoft wavered last week, he showed no sign of it. For more than four arduous years, Europe's antitrust czar and his staff have toiled to build a watertight case against the computer software giant, filing three formal complaints alleging that the company abused its monopolistic position and harmed competitors and consumers. But last Tuesday, just a day after E.U. member states approved tough sanctions against the Redmond powerhouse, Microsoft's chief executive Steve Ballmer flew to Brussels with an eleventh-hour settlement offer that directly addressed many of the European complaints. Some...
...Because the NFL cannot prevail on any of these defenses, the rule must be sacked." SHIRA A. SCHEINDLIN, U.S. District Court judge, using football metaphors in her ruling that the NFL's eligibility rule for teenagers violates antitrust laws...