Word: trustbusters
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...trustbust? American regulators do it for one overarching reason: the consumer. The U.S., of course, has had a generally better experience with monoliths overall (the American warmaking machine, after all, saved freedom in Europe from the German one), and it's generally been willing to give a big corporation (and the natural tides of the marketplace) the benefit of the doubt until those prices start rising...
...rate, Orrick's Mississippi was in full spring flood last week. Capping a recent flurry of antitrust suits, Orrick and his trustbusters sued to break up three big proposed mergers in the chemical and oil industries- including a deal that involved giant Standard Oil (N.J.), a prime target for trustbust ers since the days of Founder John D. Rockefeller...
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