Word: mergerism
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...Southwest, JetBlue and AirTran, which have filed formal complaints with the DOT. They claim that such alliances give too much market power to the large carriers and could drive smaller ones out of business and hurt consumers. Says Southwest CEO Jim Parker: "This alliance is really a de facto merger that is likely to result in less competition and higher prices." Airline observers are also concerned about how the DOT is reviewing the deal. Unusually, for a case with such large implications for U.S. travelers, the department has refused to open the matter fully for public consideration...
Under terms of the 1999 merger agreement between Harvard and Radcliffe, Harvard’s dance programs will not be able to use Rieman after 2005 because the Radcliffe Institute for Advanced Study will convert it into a meeting space for its fellows...
...merger proposals are aimed at reducing the district’s growing number of empty seats and addressing a budget deficit of $2.6 million...
...several committee members said they were ready to abandon merger plans altogether at last night’s committee meeting...
Repeating past concerns with D’Alessandro’s merger plans, several committee members said they didn’t see the educational value in the plans...