Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama Administration Plans to Strengthen Antitrust Rules

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
groovedaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 10:58 AM
Original message
Obama Administration Plans to Strengthen Antitrust Rules
WASHINGTON — President Obama’s top antitrust official this week plans to restore an aggressive enforcement policy against corporations that use their market dominance to elbow out competitors or to keep them from gaining market share.

The new enforcement policy would reverse the Bush administration’s approach, which strongly favored defendants against antitrust claims. It would restore a policy that led to the landmark antitrust lawsuits against Microsoft and Intel in the 1990s.

The head of the Justice Department’s antitrust division, Christine A. Varney, is to announce the policy reversal in a speech she will give on Monday before the Center for American Progress, a liberal policy research organization. She will deliver the same speech on Tuesday to the United States Chamber of Commerce.

The speeches were described by people who have consulted with her about the policy shift. The administration is hoping to encourage smaller companies in an array of industries to bring their complaints to the Justice Department about potentially improper business practices by their larger rivals. Some of the biggest antitrust cases were initiated by complaints taken to the Justice Department.

Ms. Varney is expected to say that the administration rejects the impulse to go easy on antitrust enforcement during weak economic times.

http://www.nytimes.com/2009/05/11/business/11antitrust.html?_r=1&th&emc=th
Printer Friendly | Permalink |  | Top
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 11:06 AM
Response to Original message
1. GREAT! It's about damn time! Now let's see that same thing in
the media sector!
Printer Friendly | Permalink |  | Top
 
BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 11:29 AM
Response to Original message
2. Does that include "too big to fail"?
Printer Friendly | Permalink |  | Top
 
benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 01:06 PM
Response to Original message
3. So much for the Rethugs stating They are for Small Business!!!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed May 01st 2024, 07:34 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC