Word: antitrust
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Dates: during 1990-1990
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...Joseph C. Krovisky, Justice Department spokesperson, discussing participation in the overlap meetings, which are now said to be the focus of a massive federal antitrust investigation...
Since September, the federal government has been investigating top private colleges for alleged antitrust violations, involving collusion in setting tuition, financial aid and faculty salaries...
...with tax cuts, Reagan insisted on deregulation (a program actually begun by Jimmy Carter in airlines, trucking and banking). He regarded that as "getting the Government off people's backs," and it involved not just a reduction in official regulations but also a relaxation in law enforcement ranging from antitrust to safety regulations. That may have been beneficial, but it enabled lots of sharp characters to make lots of money in lots of sharp ways. The most extreme example is the savings and loan scandal, which features fraud, bribery, favoritism and freewheeling incompetence. Some 800 of the 2,600 remaining...