Word: evens
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Dates: during 1980-1989
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...immediate legal problem can be seen in an analogy to gas stations. Say the stations with the best gas in town all decide on gas prices, and also on the discount they give preferred (even "needy") customers. Further, the practice raises the question of whether the service station owners fix the wages of their attendants, or the price for accessories like windshield wipers. The practice may benefit customers and workers; it may not. But it is clearly illegal...
Unfortunately, it's too much even to take the universities' ethical claim of avoiding a "bidding war" at face value. First use common sense. When setting financial aid packages together, the overlap group of schools is plainly more likely to decide on a lower award, not a higher one. The whole point of meeting is of course to save money...
...after gyrating wildly, the market settled down in the afternoon. Even the losses in the broader market were modest. Monday's 88.12 point gain was the fourth largest one-day point rise ever...
Ironically, some California air-quality officials have raised strong objections to last week's House vote. They complain that a fine-print , provision in the federal action would end California's right to impose even tougher standards on off-road vehicles such as lawn mowers, dune buggies and construction equipment, which account for an estimated 16% of the state's smog. Says a spokesman for the California Air Resources Board: "While the bill applauds California's leadership, it ties our hands to control pollution in our own backyard...
Ultimately, the fate of the proposed federal standards depends on the public's concern over the air people breathe. Even corporate giants recognize that they can no longer simply dig in their heels and resist demands for clean air. Chrysler vice chairman Gerald Greenwald noted in August that automakers had hurt their credibility by stubbornly opposing most new regulations. And while GM's Stempel attacked the House vote last week, he acknowledged that the subcommittee had at least cleared up confusion over what the new tail-pipe standards would be. For all its past intransigence, Detroit may be ready...