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Ironically, Harvard Medical School is traditionally a major buyer of Harvard Bioscience lab equipment, Levy said...
...then, the "biggest case" was an arcane smackdown between two huge oil companies, Pennzoil and Texaco. This year his efforts have had direct, determinative impact on the antitrust case against Microsoft, in which he represented the U.S. government; the half-billion-dollar settlement of a suit by his art-buyer clients against the world's two leading art-auction companies, Sotheby's and Christie's; the essential meaning of copyright on the Internet, which he is trying to establish on behalf of the music website Napster; and, supremely, the Tallahassee passion play. Back at the time of the Pennzoil-Texaco...
...government can spend billions on a single space mission, but it cannot dedicate more funds for capable foster care? The average car buyer does more research on the auto he or she wants to buy than states do in researching potential foster parents. There are millions of people out there who have loving homes for abused and unwanted children. I hope your investigation opened a lot of eyes and shames the states into major reforms. Which is more important: our future--our children--or exploring the possibility of colonizing space? JANE MCFADDEN San Antonio, Texas...
Websites are bringing buyers and sellers together in a variety of ways, including cooperative purchasing and catalog buying. Some of the more popular exchanges use so-called reverse auctions to play matchmaker. Here's how they work: a prospective buyer completes a request-for-quote form, the exchange matches it with prequalified suppliers, and they submit a quote. Some exchanges let vendors see other bids while the auction is under way, and others reveal the winning bid to vendors only after the auction. Either way, buyers can choose the quote that best suits their needs...
Speedy procurement is just part of the appeal. There are other cost advantages. Because it's expensive to establish contact with small-business customers, vendors are willing to cover all the transaction costs. And letting vendors battle in cyberspace drives the price down for the buyer. At cyberspace auctions, vendors know they have competitors and make every attempt to offer the best price. Auction sites are placing an increasingly high priority on prequalifying vendors, screening out sketchy suppliers and creating an important safety net for small businesses. "Knowing vendors are qualified can save a lot of time and money," says...