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 ?
Telcordia chief executive Mark Greenquist also hailed the deal.
Telcordia Technologies received Foreign Investment Promotion Board ( FIPB) approval for India's MNP project in March last year.
By converting Telcordia's real estate assets into cash we were able to maximize our bid and in the end win the deal.
Telcordia was selected following a two-month competitive call for tender process based on its expertise in number portability working with several service providers in the United States and Europe.
Telcordia Technologies got approval from the Foreign Investment Promotion Board ( FIPB) for the MNP project in March 2009 but the home ministry revoked the clearance in August, citing security concerns saying it has operations in Pakistan.
With the Telcordia GR-326 achievement, Clearfield now provides maximum assurance for the Tier 1 telecommunications market that requires the highest standards for manufacturing processes, procedures and quality components.
Throughout both conferences, IEEE ComSoc, Telcordia and Drakontas personnel will be on-hand to answer questions and provide live demonstrations of these new technologies.
According to reports, USbased Telcordia -- a joint venture
Companies including Horizon Blue Cross and Blue Shield of New Jersey, Hackensack University Medical Center, Silver Line Building Products and Telcordia Technologies are all key drivers in the state's economy.
With annual revenues of $6.1 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 40,000 employees at offices in more than 150 cities worldwide.
When used with such devices, the fuse should enable equipment such as telephones, modems, line cards, SLIC, set-top boxes, computer telephony equipment, PBX and SOHO products, and Pairgain equipment to comply with the requirements of Telcordia (Bellcore) GR-1089, UL 1950/IEC 950, FCC Part 68, and ITU K.20 and K.21 standards.
A US-based company, Telcordia Technologies, doing business as iconectiv, is a wholly owned subsidiary of Ericsson.