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To: MGV who wrote (2616)6/16/1998 12:30:00 PM
From: ANANT  Read Replies (1) | Respond to of 11568
 
MV, AW and all : DOJ response to Congressmen reg. MCI/WCOM merger.

Does this mean that the DOJ will take their own sweet time and cause further investigation and delay even after the EU approval of MCI/WCOM merger in cooperation with DOJ? In that case what does that cooperation mean?

I heard partial testimony of Greenspan about M&A and antitrust. He seems to have said that the anti trust is trying to predict what these successful high tech companies will do in future. It may be prudent for the DOJ to leave this to the market forces as any anti trust actions may stifle innovation. Asked by a congressman if GS is in odds with DOJ in this regard., GS said yes.
I like to read the text of these congressional proceedings. thanks

kind rgds

ANANT