divestiture

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divestiture

n. the court ordered or voluntary giving up of a possession or right, which is a common result in an anti-trust action to prevent monopoly or other restraint of trade.

See: abridgment, garnishment
References in periodicals archive ?
We are excited to continue to invest alongside Tacala's best-in-class management team in the Taco Bell system.
That is, he says the bell system is "almost like a carwash.
During the initial phase, the Bell System recruited female employees after boy clerks proved unruly.
AcroVista's BellCommander School Bell System is used by hundreds of schools, factories, stores, and businesses for scheduled audio, paging, and emergency notification applications.
Others were free spirits who disliked being force-fed only what the Bell System deigned to tariff.
Traditional bell systems limit you to tone generators," said Stephen Benedict, Network Administrator at Excelsior Education Center.
The divested part of the Bell System involves these seven new holding companies which came into existence on January 1, 1984 (with the Bell operating companies each oversees shown in parenthesis): Nynex (Nex England Tel and New York Tel), Bell Atlantic (Bell of Pennsylvania, Diamond State Tel, New Jersey Bell and the Chesapeake and Potomac Companies), Bell South (South Central Bell and Southern Bell), Ameritech (Illinois Bell, Indiana Bell, Michigan Bell, Ohio Bell and Wisconsin Tel), Southwestern Bell (Southwestern Bell), US West (Mountain Bell, Northwestern Bell and Pacific Northwest Bell), and Pacific Telesis (Pacific Bell and Nevada Bell).
In 1960, the Bell System assigned this number - one of just two new area codes assigned in the United States during the '60s - to the Upper Peninsula of Michigan, which was lightly populated then and now.
During his service, he was chairman of the Bell System Communication Executive Council.
The deal would re-create much of the old Bell system.
17 /PRNewswire/ -- The Competitive Telecommunications Association (CompTel) is urging the Department of Justice (DOJ) not to recommend the removal of the Bell System divestiture decree (the "MFJ") until local competition is a "reality rather than mere expectation.
AT&T and MCI are a major force whose sudden departure will collapse competitive choice, spike prices to business and concentrate the market power of SBC and Verizon at a level not seen since the days of the old Bell System.