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Blackstone, KKR, Bain Accused of Agreeing Not to Compete
By Don Jeffrey and Devin Banerjee - Oct 11, 2012 1:01 AM ET

Top executives at buyout firms including Blackstone Group LP (BX), KKR & Co. (KKR), Bain Capital Partners LLC and Carlyle Group (CG) LP assured each other in e-mails that they wouldn’t compete on deals to avoid driving up prices and angering competitors, according to a now public court complaint.

down into the article they pretty much admit that this is a 'legitimate' part of doing business.......

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