Word: baxter
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Dates: during 1980-1989
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Nilan made the record books with what has to be one of the most innovative plays seen this year. After getting a high stick near the eye from Pittsburgh's Paul Baxter. Nilan attacked his assailant, who wisely covered up in a heap on the ice. As he made his way to the penalty box. Nilan heard some remarks from Baxter which he apparently did not care for. Thinking that the moment required some decisive action. Nilan picked up a loose puck and, from the penalty box, winged it across the ice at Baxter, nailing him squarely on the head...
...same day, in New York, another Justice Department official appeared before a Federal District Court judge to declare that the Government was abandoning its 13-year effort to break up International Business Machines, the world's largest and most powerful computer-manufacturing company (1980 revenues: $26.2 billion). Said Baxter in Washington of the IBM suit: "The case is without merit and should be dismissed...
...business. In the AT&T settlement, the Government basically won its case. The final agreement was very close to what the Justice Department has been seeking all along. When asked at a press conference precisely how the settlement differed from what the Justice Department had been demanding, Baxter, a soft-spoken former Stanford University law professor, hesitated. Then AT&T Chairman Charles Brown, who was standing next to him on the podium, leaned to the microphone and declared, "I will answer that for Mr. Baxter. It is exactly what the Government wanted. He is just too modest...
...Baxter was the architect of the two settlements. A T & T in recent weeks became firmly convinced that it had little hope of winning its case against the Gov ernment. A few days before Christmas the company officially told a Justice Department lawyer that divestiture might be the best available alternative. There then followed, as negotiations picked up speed, at least 13 separate draft proposals for a settlement. At the same time, Baxter was concluding his review of voluminous material concerning the IBM case and had decided that he would drop the Government's action against the company. When...
...conclusion of the two cases set an important landmark in antitrust law. Said Assistant Attorney General Baxter: "What we learned today is that a company that is large and has a large market share should be allowed to compete aggressively. Period." The giant A T & T was indeed abusing its privileged monopoly position and will be broken up. But the giant IBM has legally achieved its important position in the computer industry and will be allowed to continue in its present form. Last week's decisions will help strengthen competition in both the communications and computer industries. -By Christopher...