xUT
Veteran
Stalwart for the union worker...er not
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The President's team took office saying it would increase merger enforcement.
While it has placed more conditions on mergers, it has continued the practice of approving mega-mergers that have led to mass layoffs, said Joseph Alioto, from the Alioto law firm, which unsuccessfully sued to block the United Airlines-Continental deal.
"They have said bigger is better," Alioto said. "When Pfizer bought Wyeth [in Oct. 2009], within two days they fired 19,500 people," he said.
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