Word: verdicts
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...verdict of that last statement will betested in the weeks and months to come, and itwill rest in part on the expansion announcedThursday
Recently, a Federal Appeals Court returned to the lower courts a prior decision that found MIT guilty of breaking the Sherman Antitrust Act. According to the original verdict, the school had joined Ivy League colleges in "price-fixing" financial aid. The universities had been convening annually to ensure that mutual applicants would receive identical aid packages. All of the Ivies quietly acquiesced to out-of-court settlements that required them to cease the "data sharing." But MIT stood behind its beliefs, and went to court...
...case back to the lower court, urging the judge to examine the argument that the social benefits of the overlap policy outweighed its anticompetitive nature. Consorting annually about financial aid, then, might not violate anti-trust laws. But the real significance in this case lies not in the final verdict, but in what it implies about the financial aid system...
...Verdict on a Burning...
Litton's Big Verdict...