Word: antitrusters
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...strategy to win the presidency [Jan. 12]. I say more power to them. It is the common people who work, pay taxes, fight our wars and cry out for fairness. Klein noted that the by-products of the 1890s' wave of populism were a progressive income tax, antitrust legislation and other reforms. Dean is proposing the same type of progressive political, social and economic agenda. Onofrio Perzia LeRoy...
...people vs. the powerful") as a strategy to win the presidency [Jan. 12]. I say more power to them. It is the common people who work, pay taxes and fight our wars. Klein noted that the by-products of the 1890s' wave of populism were a progressive income tax, antitrust legislation and other reforms. Dean is proposing the same type of progressive political, social and economic agenda. ONOFRIO PERZIA LeRoy...
...understated former chairman and CEO of American Telephone & Telegraph Co. (AT&T), who headed the company during the historic breakup of Ma Bell; in Richmond, Va. Brown, who spent his entire 40-year career at the company, opposed the breakup. But in 1982 he and his board settled an antitrust suit that split the world's largest company into eight parts--AT&T, with a long-distance and phone-equipment business, and seven Baby Bells...
...steel, and their logic is based on hard-nosed cost savings. Alcan's bid for Pechiney is a case in point. The two companies attempted to combine operations in a three-way merger with a Swiss firm in 1999, only to be thwarted by the E.U.'s antitrust regulators in Brussels. Alcan ceo Travis Engen says that in order to consummate the deal, he's now willing to give up some of the aluminum-rolling operations that were the problem last time around. "The fit is really, really good," he says. Pechiney is holding out for now, and there...
...assembling a dominant position in Europe's freight market that will enable it to counteract the market opening. "Old monopolies don't want to lose market share," gripes Klaus-J. Meyer, who runs a Brussels-based association of private rail-freight operators. Mario Monti, the E.U.'s tough antitrust Commissioner, made it clear at a rail conference last year that he won't tolerate merely shifting the monopoly; he warned state-owned flag carriers that they "do not have blanket immunity from the competition rules." Rolf Georg is testing to make sure. He owns a four-person firm, based...