[ekim68]

I thought they did away with those until I read this. Maybe the lawyers can answer this.
What are the parameters of antitrust resolutions? Such as; Does the company have to
completely dominate their share of the business? Is there a percentage that they go by?
http://today.reuters.com/business/ne...TITRUST-DC.XML

[GoneForNow]

Originally Posted by ekim68

I thought they did away with those until I read this. Maybe the lawyers can answer this.
What are the parameters of antitrust resolutions? Such as; Does the company have to
completely dominate their share of the business? Is there a percentage that they go by?
http://today.reuters.com/business/ne...TITRUST-DC.XML

Yes.

[Mulderator]

Originally Posted by ekim68

I thought they did away with those until I read this. Maybe the lawyers can answer this.
What are the parameters of antitrust resolutions? Such as; Does the company have to
completely dominate their share of the business? Is there a percentage that they go by?
http://today.reuters.com/business/ne...TITRUST-DC.XML

You thought they did away with antitrust laws? Why?

[ekim68]

Originally Posted by gbrumb

Yes.

So, if it's a percentage, what is it? Just curious...

[Paquadez]

Eh, not necessarily dominate it by themselves, of course.

A Cabal, Consortium, or self-interested group, with the objective of price fixing or market domination is equally in breach of the legislation.

Not that it's achieved much with oil and gas corporations!

Famous, amongst many others, (or perhaps infamous cases depending on your perspective!) include IBM, Xerox, Standard Oil and Freddie Laker .v. McDonald Douglas, although the findings on this were never summed up, as it was settled out of court, making Laker once again, a multi-millionaire.

"Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal" (see 15 U.S.C. § 1). The Act also provides: "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony."

Here is a good basic reference source:

http://en.wikipedia.org/wiki/Sherman_Antitrust_Act

Paq

[ekim68]

Originally Posted by Mulder

You thought they did away with antitrust laws? Why?

Well, just because I haven't heard much about it. Seems to me they've been approving
everything under the sun.

But, in reference to my original post, I think this turned some heads.

http://today.reuters.com/business/ne...TITRUST-DC.XML

[Mulderator]

Originally Posted by ekim68

Seems to me they've been approving
everything under the sun.

"Seems" is the operative word. My bet is Bill Gates would have a different view!

[Paquadez]

I shouldn't worry too much, ekim, the last indepth analysis of M & A (Mergers and Acquisitions) carried out by S & P, proved quite clearly that merged corporations were less effective and successfull, financially, than the separate companies had been previously. Additionally, their merged stock, under-performed the market average by a considerable margin.

Also, Maytag, which was once hailed as a turnaround success, under their then new CEO, have lost the plot, big time.

Paq

[bassetman]

Originally Posted by Mulder

You thought they did away with antitrust laws? Why?

Baseball?