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EUROBLUES So Sue Me The courts have not been kind to Mario Monti and the European Commission, overturning three of his merger-busting decisions last year, including a union of packagers Tetra Laval and Sidel, and a linkup between travel firms Airtours and First Choice. So the gloom in Brussels must have been thick as a lawyer's wallet when it emerged that another thwarted suitor, France's Schneider Electric, is suing the Commission for more than €1 billion over its blocked bid for rival Legrand. Schneider had completed the €5.4 billion deal for Legrand when the Commission...
...punch from Bo Vesterdorf, president of the Luxembourg-based Court, in separate rulings that savaged the "errors, omissions and contradictions in the Commission's economic reasoning." The court overturned vetoes blocking two mergers: Schneider Electric's purchase of Legrand and a deal between packaging firms Tetra Laval and Sidel. In June it threw out another case involving two travel firms. The rulings "heaped on the pressure for a change," says Alec Burnside of the law firm Linklaters. And Monti quickly responded by announcing reforms that he hoped would "recover the trust" of the business community by softening his hard-line...
...point of the publishing year, a sort of textual Cannes that this fall will feature an expected 663 new novels - 93 of them by first-time authors - and culminate in the October awarding of literary prizes like the Goncourt. "The rentrée littéraire," says Fabrice de Laval of the National Federation of Book Publishers, "reflects France's relationship with literature. There are 60 million French readers - and 60 million aspiring French writers." Some French literary types think that may be too many - and that quality is suffering. Publishers, they charge, are so reluctant to miss a potential...
Supporters of the PSA test contend that the decline is due to the routine screening that began in the 1980s. If that were the case, the researchers from the University of Laval in Quebec City argue, the greatest fall in the death rate would have been recorded in those sections of Quebec where more men underwent screening. In fact, there was no statistical correlation between screening and death rates...
...Charles Morin, a professor of psychology at Laval University in Quebec, the J.A.M.A. study is the latest in a series of sleep experiments stretching back 50 years. Much remains mysterious. Despite thousands of hours measuring the brain waves of unconscious subjects, monitoring their breathing and noting the effects of sleep deprivation, scientists still don't know the answers to some of the most basic questions, like why we need to sleep in the first place. That hasn't stopped some wild ideas from gaining popularity. In December, Pocket Books paid a whopping $200,000 advance...