Conrail Antitrust Move Fails
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WASHINGTON — The Senate, tackling the possible sale of Conrail to the private sector, today refused to consider a bill to subject Norfolk Southern Corp.’s $1.2-billion purchase bid to antitrust review by the courts.
Senators voted 56 to 37 to table the proposal by Sen. Alan J. Dixon (D-Ill.), who said court review was needed because the Justice Department did not adequately resolve anti-competitive problems raised by the sale of the government-owned freight rail carrier to Norfolk Southern, a chief Conrail competitor.
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