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New Congress to Favor Business Interests
The apparent Republican sweep of the congressional election bodes well for business interests, but may not lead to an easing of antitrust scrutiny. Business leaders expect Congress -- even with a razor-thin Republican majority -- to embrace issues important to Wall Street, including tax cuts, deregulation, free trade and education reform. But the record for mergers and acquisitions is far more murky.Proposed Notice for Class Action Gets Cold Shoulder
The class notification procedures proposed by plaintiffs and defendants in a class action against the manufacturers of Cold-Eeze brand zinc lozenges have been disapproved by a Philadelphia Common Pleas Court judge. Notably, Judge Albert W. Sheppard ruled that the defendant manufacturer is not required to post notice of the suit to potential class members on its Web site.'Corporate Counsel' Names Google's Legal Department Best of 2011
Spend time with the energetic crew at Google, and the word "disrupt" comes up a lot. Google's businesses tend to do that to the traditional marketplace, and "Googlers" (as they call themselves) make no apologies. In fact, they use the word with pride -- sounding like 1960s protesters determined to shake the Establishment.DOJ Clears Way for 3D's DTM Buy
The Department of Justice dropped an antitrust challenge to 3D Systems Corp.'s $45 million acquisition of DTM Corp. after the companies agreed to license technologies used to create three-dimensional computer designs. The settlement is the latest example of the government's intolerance for "three-to-two" mergers, where two of the three competitors in a given market decide to combine.Trending Stories
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