The non-US operations of Alcoa were spun off from their parent company due to anti-trust regulations and were collectively united under the new Canadian company headed by Powell.
There's a reason the government got into anti-trust regulation in the first place, and wishing for CEOs and shareholders to grow hearts, or even to take the longer view, just doesn't work.
Due to anti-trust regulations the NFL is contractually obligated to offer the broadcast to a local over-the-air station.
(Cub Foods eventually left the Chicago Market in 2006 due to anti-trust regulations; its parent company Supervalu acquired the Jewel-Osco chain.)
(Note that anti-trust regulation does take into account cases when only large companies are viable because of the nature of an industry, but favors many participants over few, whenever possible.)
"The idea," writes Myers, "is one that several major media companies are today attempting to follow, but in 1981 concerns about anti-trust regulations prevented direct divisional interaction."
On 1 May 2004 Monti oversaw a radical change in the Competition powers of the Commission concerning anti-trust regulation, merger controls, licensing agreements and air transport.
They must encourage companies to raise their performance, stimulate early demand for advanced products, focus on specialized factor creation and to stimulate local rivalry by limiting direct cooperation and enforcing anti-trust regulations.
He said he supported repeal of the 1945 McCarren-Ferguson Act, which exempts insurance companies from Federal anti-trust laws if a state has its own anti-trust regulations.
In cases involving the controversial issue of anti-trust regulation, the Supreme Court was divided.