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Jaschik, Scott – Chronicle of Higher Education, 1992
A federal judge has ruled that 23 prestigious colleges and universities in the Overlap Group violated federal antitrust laws for over 20 years when they met to compare financial-aid packages to be awarded to prospective students, rejecting arguments of social and educational need and nonapplicability of antitrust law. Massachusetts Institute of…
Descriptors: College Applicants, Competition, Court Litigation, Federal Courts
Jaschik, Scott – Chronicle of Higher Education, 1992
Justice Department documents prepared for an antitrust lawsuit suggest that the way the eight Ivy League colleges and the Massachusetts Institute of Technology have recruited students and awarded financial aid amounts to price fixing. The Overlap Group, 23 elite private colleges, met regularly to compare financial aid packages offered to common…
Descriptors: Administrative Policy, College Applicants, Court Litigation, Documentation
