Word: undercuttings
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...business and Baby Bell to sell the rapidly expanding array of equipment, from picture phones to computers, that tie in with the telephone lines. The FCC contended that without the separation, Bell could have used profits from its regulated phone service to subsidize new computer products and thus unfairly undercut its competitors...
...felt he had been left in the dark, Muskie created a minor but embarrassing flap that fueled speculation about rivalries between his staff and that of National Security Adviser Zbigniew Brzezinski, who is responsible for coordinating the formulation of such policies. Was Brzezinski, it was asked, already trying to undercut the new Secretary of State? By week's end, however, Muskie seemed generally mollified...
...major long-haul flights, where it undersells the majors. Pacific Southwest Airlines, long noted as a low-cost carrier operating between San Francisco and Los Angeles, has taken advantage of deregulation to expand to Las Vegas. On this route, PSA is demonstrating that a well-run regional can undercut the price of auto travel, the historic enemy of the short-haul airline...
...Banisadr's conflict with the orthodox mullahs were sown in the Assembly of Experts. Banisadr, as a ranking member, tried to modify the sweeping powers of the faqih, the supreme theologian who heads the government. That drew the ire of orthodox Muslims, who suspected Banisadr of trying to undercut the clergy. In the January elections to the parliament, Banisadr's supporters were soundly defeated by candidates of the Islamic Republic Party. Led by an archenemy, Ayatullah Seyyed Mohammed Beheshti, the cleric-dominated parliament now threatens to stonewall him as the outgoing Revolutionary Council did. Among other things...
...irony after the referendum is that the citizens of Quebec may have undercut their bargaining power by voting No. Both sides have said they are dissatisfied with the status quo; a No vote still carried the stipulation that Quebec's position within confederation be modified. But when Trudeau convenes a conference with the ten provincial premiers, he will face enormous difficulties in reaching a consensus. The stances of the various premiers are dictated by regional demands, and Trudeau will have to confront a host of competing interests. Amid a swirl of centrifugal forces, Quebec's referendum vote may will lessen...