Word: antitrusters
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...criminal-justice system could use some streamlining, especially now that the Justice Department has one overriding mission, to prevent terrorism. But Ashcroft's plans raise plenty of questions. For one thing, if he reallocates agents and money to find future Mohamed Attas, other priorities--from civil-rights enforcement to antitrust efforts--may wither. Last week Ashcroft ensured that one conservative cause wouldn't be forgotten: reversing a Clinton Administration ruling, he allowed his department's drug agents to go after Oregon doctors who prescribe narcotics for suicide under that state's Death with Dignity law. (On Thursday a federal judge...
Person of the Week VIGILANTE He may not have known when or what they will hit, but U.S. Attorney General John Ashcroft warned Americans that terrorists were plotting ... something. Then he went on to tackle a different sort of adversary, announcing a tentative settlement of the Microsoft antitrust suit...
...wife of British Prime Minister Tony Blair than for her day job as a lawyer, but that didn't stop GE from hiring Booth to help with its appeal before the European Commission in the company's attempt to buy Honeywell. The move was blocked in July over antitrust concerns. Booth, 47, a mother of four, has worked primarily in employment law, and last month joined a new firm specializing in human rights...
Trying to break up Microsoft was always an uphill battle--it's an extreme remedy under antitrust law. But dividing a company has the practical advantage of being self-enforcing. "One of the pluses of a split is that it is far less intrusive in the long run than a long consent decree," says Salil Mehra, a Temple University law professor and former antitrust-division lawyer. Two newly created Baby Bills would have had an economic incentive to act competitively, meaning that the market would guard against future monopolistic activity. Conduct remedies, by contrast, require a court to monitor...
Supporters of the antitrust lawsuit are worried that last week's announcement by Justice may be only the first shoe to drop. The next, they fear, could be a fuller capitulation, with the government settling the suit on terms that will let Microsoft continue to abuse its monopoly position. But Justice insists it's just trying to balance morality and mortality. "We hope," a top official said last week, "to bring the Microsoft case to a resolution in all of our lifetimes...