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Honolulu Star-Bulletin from Honolulu, Hawaii • 24

Location:
Honolulu, Hawaii
Issue Date:
Page:
24
Extracted Article Text (OCR)

starbulldlnxom B-4 TlHHSDAY, OCTOHER 12, 2000 STAR-Bn i ETIN S.F. paper boss sued for alleged subsidy misuse FCC unloclis plisno Eineo in EiHilillnoo a year ago. "We want the Fang people to stop subsidizing their printing operation using the proceeds of the Examiner sale. We want the employee to stop using the information he stole," said FPP's attorney, Daniel C. Girard.

"FPP has been in business more than 25 years," he said yesterday, adding that the company can't compete against "people who are benefitting from a subsidy that was obtained through political influence." "We think it's illegal to use a subsidy that's not available to the competition to undercut them and put them out of business," he said. "So our position is that any agreement that allows that result violates antitrust laws." Political influence and antitrust violations were at the heart of a lawsuit filed by San Francisco real estate millionaire Clint Reilly seeking to stop Hearst Corp. from buying the San Francisco Chronicle and selling the Examiner. Reilly lost his fight after a colorful and complicated trial, when a judge ruled in July that the deal In other action, the FCC allocated a portion of the airwaves, transferred from the government for private use, that could be used to speed the rollout of high-speed Internet, data and video services, particularly in rural areas. On the building issue, the commission took cautious steps to fuel new competition by imposing rules on telephone carriers.

But the agency was careful to sidestep jurisdictional issues by not placing requirements on the landlords themselves. New entrants in the local phone market, slowly bringing their services to communities nationwide, say they have a particularly difficult time making headway in apartment and business complexes. A phone company might have a pre-existing arrangement to offer service in the building and might already have space set aside for its phone lines and other equipment JS jfN Associated Press WASHINGTON New federal rules approved today would help millions of apartment dwellers and small businesses share in the fruits of new competition between local telephone companies, promised by a recent law opening up the market for such services. The Federal Communications Commission adopted rules that would bar phone companies from getting exclusive rights to serve office buildings with multiple businesses. The agency said it would weigh whether to expand those rules to residential apartment buildings and whether to prohibit telecom companies from getting exclusive marketing agreements or bonuses from landlords.

The FCC voted to block telephone companies from negotiating sole access to rooftops and hallways in commercial build TV STATION: FROM PAGE B-l Jan Mae Chang, the Korea Times chairman and chief executive officer who will head Asian-Media Group, said the deal to buy International Media is "the first step towards the creation of the leading Asian diversified media company in the United States." "We think Chang and his team are great managers," said Peter Nolan, a partner at Leonard By Christine Hanley Associated Press SAN FRANCISCO Six weeks before he plans to launch the new San Francisco Examiner, publisher Ted Fang is being taken back to court over antitrust issues. This time, longtime printing rival Fricke-Parks Press accuses Fang and his associates of misusing the $66 million subsidy approved as part of the Examiner sale to bolster his separate printing operation, Grant Printing. More specifically, FPP claims that Grant, with the subsidy money in its coffers, has an unfair financial advantage over FPP and other competitors, driving them out of business by underbidding for printing contracts at prices even lower than the cost of raw materials. The lawsuit, filed Tuesday in U.S. District Court in San Francisco, also accuses former FPP sales manager Gerard Diaz of stealing trade secrets, including proprietary client lists and pricing data, after Fang hired him away nearly aOOMHiAmm JHVMDLRBIHD Sma 800MHz Thumxrmo, 128MB SDRam, 20G HD (7200), XPert 2000Prow 32M, AC97 Souw.

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S2X CO RomDrni, SKMtzm, Keyboard, Mouse. Me Town, Wmoows Me (Muenmum EomoH) mnv vI'Ll 1000MHz HI nunubfhM System Mom Fm Sat 9am- Cioffo Sum Prihmb 98-030 Hbkaha Srmecr Sum Harror Cewtpr, ATI FROM PAGE B-l Fears that higher oil costs would hurt airlines sent Continental Airlines down $2.81 at $41.13. Airplane manufacturer Boeing fell $4.06 to $56.13. ings space needed to set up equipment for providing service. Phone companies that control these areas in apartment complexes, campuses and office buildings would have to give other carriers and cable companies access, under the agency's action.

The commission approved a provision to allow apartment tenants to use satellite dishes not just to receive programming but also to get phone and highspeed Internet services. "Access to the 'last 100 feet' is one of the last remaining barriers to complete end-to-end competition for telecommunications services," said FCC Chairman William Kennard. He welcomed the efforts of the real estate industry to voluntarily encourage more choice for tenants. But he added that the agency, in reviewing the impact of today's actions and of industry efforts, could still impose new requirements to foster competitioa Changing hands Green. "We think this is a fairly large and fragmented market and if we can bring it all together as a unified business, it can be a powerful force for targeted media for advertisers." Chang said the new company will seek to buy radio and television stations around the country, with the first likely in the New York market The Associated Press contributed to this report.

Technology stocks were mixed. Advanced Micro Devices rose 31 cents to $22.13 after reporting earnings ahead of Wall Street expectations. But Yahoo tumbled again on worries about future earnings, falling $8.75 to $56.63. Author Lee Catterall will be on i VU hand to I twmSm autograph I The Great Dali Art Fraud Other Deceptions A Benefit for 7iSt iOjiu U1L 1 II fi -fli Say (KB WfflfflSM did not threaten newspaper competition. Fang, publisher of Asian Week and the Independent newspaper, two local publications, came out as one of the victors in that case.

Under the agreement, he bought the Examiner from Hearst for a dollar and was promised the $66 million subsidy over three years from Hearst Fang, who plans to publish the first edition Nov. 22, did not immediately return a phone call yesterday. FPP, founded in 1972, is an independent printing company based in Union City, east of the San Francisco Bay. About 50 employees help print local publications that include the San Francisco Business Times, Bay Classified and the Daily Californian at the University of California, Berkeley. Girard said FPP is seeking an injunction to stop Grant Printing from allegedly underpricing the competition and to stop Diaz from using inside information against the company.

Girard said he has an idea of how much FPP has lost, but declined to discuss that 1 L-J 1 111 The Sprint Store At Rad.oShack. The Little Beeper Booth, Inc. 843-2337 2000, and November 12 2000 Cannot be combined II with Nationwide Lonq Distance Nearly 600 exceptionally fine fraudulent copies of works by Salvador Dali, seized from Center Art Gallery-Hawaii, will be on sale for about 11Q. of their original prices. featuring fake-Dali works.

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About Honolulu Star-Bulletin Archive

Pages Available:
1,993,314
Years Available:
1912-2010