Word: marketization
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Dates: during 1990-1999
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...parents to see if their body types were conducive to a particular sport, to begin training the children immediately. It's easy to use this fact as a way of showing the failure of communism to recognize personal liberties. But all we have to do is create a market for such performers in America to achieve similar results...
WASHINGTON: Maybe everybody else is doing it. In court on Thursday, Microsoft backed up its defense of divide-and-conquer tactics by showing that AOL and Netscape appeared to be up to the same thing -- just months after an alleged share-the-market meeting between Netscape and Microsoft. Cited: An internal AOL document describing a multimillion-dollar offer to Netscape to license its browser software and "create a vision to compete with Microsoft" -- in exchange for Netscape's staying out of AOL's online service business...
...that a market division proposal?" Microsoft attorney John Warden asked AOL senior vice president David Colburn in court. "What it seemed to me to be was a strategic partnership," hedged Colburn, who then backed up the government's case by testifying that in 1996, AOL chose Microsoft's browser over Netscape's because of its vast distribution on the Windows desktop. Oh, yeah --and rather than being paid for its software, Microsoft paid AOL $500,000 to distribute its browser. It was a deal that AOL couldn't refuse...
...YORK: The SEC is nervous, and not just about Internet stock-touting scams. Chris Ullman, the SEC's director of public affairs, calls it the "experiment in democratized investing": Nearly everybody has money in the market these days. And with two 24-hour news channels, a profusion of financial news-related web sites, and an ever-expanding class of investor-targeted Money-like magazines, the press will bear plenty of responsibility if this record-size herd panics and stampedes the markets right into another...
...Ullman was the moderator Tuesday at "Press Coverage of Stock Market Crashes," a seminar hosted by the Freedom Forum and held at the Newseum in New York. Featured speakers were leading lights from the New York Times and thestreet.com, counterbalanced by a mutual fund guru and a Yale economist. Everyone agreed on the easy part: Business news has never been better business. But there was fear in the air -- even the most bearish press coverage has had little effect on the individual investor's buy-now-and-hold-forever ethos that has fed the current seven-year bull market. Everybody...