Consent decree in the context of "Environmental regulation"

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⭐ Core Definition: Consent decree

A consent decree is an agreement or settlement that resolves a dispute between two parties without admission of guilt (in a criminal case) or liability (in a civil case). Most often it is such a type of settlement in the United States. The plaintiff and the defendant ask the court to enter into their agreement, and the court maintains supervision over the implementation of the decree in monetary exchanges or restructured interactions between parties. It is similar to and sometimes referred to as an antitrust decree, stipulated judgment, or consent judgment. Consent decrees are frequently used by federal courts to ensure that businesses and industries adhere to regulatory laws in areas such as antitrust law, employment discrimination, and environmental regulation.

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Consent decree in the context of Kodachrome

Kodachrome is the brand name for a color reversal film introduced by Eastman Kodak in 1935. It was one of the first successful color materials and was used for both cinematography and still photography. For many years, Kodachrome was widely used for professional color photography, especially for images intended for publication in print media.

Because of its complex processing requirements, the film was initially sold only with the cost of processing; independent photography stores were prohibited from developing Kodachrome. To develop the film, customers had to mail it to Kodak, which would then send the developed film back as part of the purchase price. In 1954, the U.S. Department of Justice found that this practice violated antitrust laws by being uncompetitive. Kodak then entered into a consent decree, requiring the company to offer Kodachrome film for sale without the development fee, as well as license Kodachrome development patents to independent photography stores. Kodak had sold mailers to users who wanted their films to be processed by them. Nonetheless, the process-paid arrangement continued in other markets around the world.

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Consent decree in the context of Bell System

The Bell System was a system of telecommunication companies, led by the Bell Telephone Company and later by AT&T, that dominated the telephone services industry in North America for over 100 years from its creation in 1877 until its antitrust breakup in 1983. The system of companies was often colloquially called Ma Bell (as in "Mother Bell"), as it held a vertical monopoly over telecommunication products and services in most areas of the United States and Canada. At the time of the breakup of the Bell System in the early 1980s, it had assets of $150 billion (equivalent to $450 billion in 2024) and employed over one million people.

Beginning in the 1910s, American antitrust regulators had been observing and accusing the Bell System of abusing its monopoly power, and had brought legal action multiple times over the decades. In 1974 the Antitrust Division of the U.S. Department of Justice brought a lawsuit against Bell claiming violations of the Sherman Act. In 1982, anticipating that it could not win, AT&T agreed to a Justice Department-mandated consent decree that settled the lawsuit and ordered it to break itself up into seven "Regional Bell Operating Companies" (known as "The Baby Bells"). This ended the existence of the conglomerate in 1984.

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Consent decree in the context of Service Bureau Corporation

The Service Bureau Corporation (SBC) had its origins in 1932 as the Service Bureau Division within IBM and was spun off as a wholly owned subsidiary in 1957 to operate IBM's burgeoning service bureau businesses.

IBM had operated service bureaus in major cities beginning in the 1920s allowing users to rent time on tabulating equipment, and later computing equipment, to solve problems which couldn't justify a full-time equipment lease. In 1956, as a result of a consent decree with the United States Department of Justice, IBM spun off its service bureaus to force them to operate at "arms length" from the parent company.

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