Justice may block some mergers. (antitrust division will squelch mergers that limit technological innovation) (Brief Article)

Broadcasting & Cable, January, 1994 by Stern, Christopher

Anne Bingaman says antitrust division will foster new technologies The Justice Department says that it will take the technological revolution into account when looking at corporate mergers and will block deals that unfairly stifle innovation. The new policy is meant to protect competition and foster new and improved technologies, said Anne Bingaman, assistant attorney general of the antitrust division.

Bingaman made the statement last Monday during a celebration of the division's 60th anniversary. "We will flash a red light where we see a clear indication that innovation will be hampered," said Robert E. Litan, deputy assistant attorney general, regulatory affairs. Bingaman's statement gives no indication of what the Justice Department will...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.