Quote of the Day
Antitrust law isn't about protecting competing businesses from each other, it's about protecting competition itself on behalf of the public.
The antitrust litigation currently in the federal courts in the U.S. against Monsanto will be the test case in the life sciences, just as the Microsoft case was the test case in the information sciences.
A significant piece of the wealth that the NFL owners garner is a result of the enormous TV revenues they get - and those revenues are supported by a legislatively granted exemption from the antitrust laws that has been made applicable to sports leagues, primarily the NFL.
The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds.
I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.
Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.
The testimony and the documentary evidence produced by the Government demonstrate that the Bell System had violated the antitrust laws in a number of ways over a lengthy period of time.
Harold H. Greene
Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.
As freak legislation, the antitrust laws stand alone. Nobody knows what it is they forbid.
The standard formulation on remedy is that it ought to cure past violations and prevent their recurrence. That's what antitrust is all about.
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