The executives kept that benefit even though regulators blocked the merger.

"When we want to turn a corner," he said, "and introduce something that's radical, the regulators always block it."

Before that, European regulators blocked a proposed merger of the two music giants.

In Sprint's case, regulators blocked the deal, but the executives had already reaped the spoils.

Congress structured the commission provision so Federal regulators could not easily block the will of the majority of states in the region.

At their behest, regulators and lawmakers blocked the idea.

Still, his offer has puzzled many in the industry who are predicting that antitrust regulators would block such a merger.

Should federal regulators allow the merger, block it or impost strict conditions?

Banking lawyers say it is highly unlikely that regulators will block Chemical's merger or any of the other large deals.

In 2000, European regulators blocked a proposed merger, expressing concerns that a joining of the companies would diminish competition.