Anti-trust authorities

This first phase of the integration, between the announcement of the deal and approval by the anti-trust authorities, was probably the most important one, as it set the pace, governance, and objectives for the total process. Phase 1 consisted of the following actions, in chronological order ... 

In view of the energy crisis, the need for energy innovation and the moves to limit the oil companies, it is too bad we do not understand this area very well. Anti-trust actions do have profound effects on innovation. Foster and Gluck refer to government moves to break up IBM and Bell without any thought of the impact on these one billion dollar research organizations. It is interesting that the authors refer to a Senate Bill authored by the... 

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