Word: mammothly
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...implementing E.U. reform directives, the ease with which Germany's utility mammoth E.ON sidestepped competition laws to acquire Ruhrgas in 2003 suggests stronger remedies may be needed. "Incumbent monopolies are like elephants," says one Commission official. "They live long lives, have long memories and do not take gracefully to competition." With some brand-new power tools in his bag, however, Lowe's task of rewiring the E.U. could be easier this time round. Competition investigators now have the right to conduct public hearings, compel companies to hand over documents, take statements and carry out onsite searches, including unannounced raids...
...more than any other, defined the nation's architectural identity in the last half of the 20th century. The University of Tokyo-trained Tange rocketed to fame with his 1949 design for the Peace Memorial Park at Hiroshima's ground zero, the concrete museum, arched cenotaph and mammoth public square of which managed to be arresting without quite being beautiful, distinctive without quite being iconic. His later commissions embodied Japan's re-emergence as an increasingly confident economic power: the sweeping National Gymnasium Complex for the 1964 Tokyo Olympic Games; the 1970 World Exposition in Osaka; the Tokyo Metropolitan Government...
...bunker itself was discovered only in 1990 during, of all things, preparations for “The Wall,” the mammoth concert Roger Waters organized in celebration of German reunification. In May 1995, the regional parliament of Berlin, rejecting a proposal to retain the site as a monument, locked it and built houses for the representatives from the Bundesländer over it. A present-day visitor can walk by without having any idea of its significance...
...machine comes from Wonder Pizza USA, the company with exclusive American distribution rights to this invention, already popular across Europe. These mammoth machines weigh nearly 1,200 lbs and cost $20,000—only half of one year of Harvard tuition...
...sluggish growth eroding revenues, Chirac is looking to new Finance Minister Hervé Gaymard to work some magic. Last week, Gaymard pledged tax cuts in 2006 and 2007 and vowed to sell stakes worth nearly 320 billion in state firms including nuclear-power company Areva and utility mammoth Electricité de France. That, Gaymard hopes, will stimulate economic growth that, at 2.3% in 2004, was below government estimates of 2.5%. Surprisingly, Gaymard is predicting the same for this year. "Given commodity prices like oil rising, we should count on lower growth next year, not higher," says David Naudé, senior...