Word: firmness
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Dates: during 1970-1979
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...appeals court said that the fact that Kodak dominated its field was no reason to penalize it for having taken the lead with the 110 system. "The mere possession of monopoly power does not ipso facto condemn a market participant," Kaufman wrote. Moreover, he added, "the first firm, even a monopolist, to design a new camera format has a right to the lead time that follows from its success...
...existence of monopoly power does not make a big company culpable under the Sherman Act. In the classic interpretation of antitrust laws, says Washington Attorney Joe Sims, a former Deputy Assistant Attorney General in the Justice Department's antitrust division, it is "at least logically possible that a firm could obtain a monopoly position by doing a better job than everybody else and not doing anything improper...
...wrote those lyrics, the word millionaire evoked images of power and plenty, of sprawling estates, Palm Beach tans, Locust Valley lockjaw accents and exclusivity. But millionaires, like almost everything else, are not what they used to be. A study released last week by U.S. Trust, an old-line Manhattan firm that specializes in handling O.P.M. (other people's money), reports that the nation's millionaire population, helped along by inflation, has in the past decade been growing at an average annual rate of 14%. Today, the company calculates, precisely 519,834 Americans-or about one in every...
Four vice presidents of Data Resources Inc. (DRI) quit their jobs this week and forced Otto Eckstein, Warburg Professor of Economics and president of the consulting firm, to return early from a trip to Japan and set the firm in order...
Despite those vehement denials, the story that West Germany's largest auto firm was aiming to take over the U.S.'s deeply troubled No. 3 automaker immediately became the hottest non-news of the week. Even though the report was scoffed at by both parties concerned, the rapidity with which it ricocheted through Detroit and Wall Street testified to the atmosphere of anxiety that surrounds Chrysler, which is expected to lose at least $285 million, and possibly more, this year...