Word: overlaps
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...argued that the social welfare benefits of the practice out-weighed the anti-competitive effects. Overlap, the institute said, allowed schools to set one uniform amount of financial aid for each student admitted to more than one of the schools involved. This prevented bidding wars for sought-after students, allowing the schools to spread financial aid funds to more needy students, according...
...district judge refused to consider this side of the argument. In a 2-1 ruling, however, the appeals court ordered the case back for examination of MIT's claim--with the dissenting judge stating that overlap was not a violation of the Sherman...
...question now: Does this new order signify yet another stage of the government's battle against the practice of sharing financial aid information, known as "overlap," or a convenient end to an increasingly more complicated process...
While there is little overlap in the Paramount and Viacom lines of business, there is plenty of redundancy in the executive suite, which could trigger a management shuffle. Davis, who would move from chairman and chief executive of Paramount to CEO of the new company under Redstone, told TIME last week, "Let's face it, I've taken a step down in title, and I do expect others to follow...
Thane D. Scott, MIT's attorney, originallyargued that the practice of overlap was sociallybeneficial, since it allowed more money to beallotted for poor students and made education moreaccessible in general...