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Content about Thomas Barnett

September 17, 2006
U.S. Justice Department Clears Joint Venture

WASHINGTON – The U.S. Department of Justice announced this summer that it won’t oppose a new venture allowing 10 textile maintenance companies to bid jointly to provide textile rental and laundry services to national healthcare outpatient centers.

Based on representations made in the proposal by Linen Systems for Healthcare, the Justice Department concluded that the joint venture isn’t likely to produce anticompetitive effects and could create a new competitor for national accounts, according to the Department’s Aug. 8 press release.

January 19, 2006
Iowa Legislators Seek to Block Whirlpool's Buyout of Maytag

NEWTON, Iowa — Two Iowa Democrats, U.S. Sen. Tom Harkin and U.S. Rep. Leonard Boswell, have asked the Justice Department to block the buyout of Maytag Corp. by Benton Harbor, Mich.-based Whirlpool.

The proposed acquisition could boost Whirlpool's market share to more than 70% in certain product lines, their letter to assistant attorney general for antitrust Thomas Barnett notes, putting the company "in a position to create real difficulties for competitors."