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Examples of Mainly Corporate Funded Think Tanks: Cato Institute

Founded in 1977 the Cato Institutes 1998 budget made up US$ 11 million. Its funding consists of corporate and private donations (especially from corporations and executives in the highly regulated industries of financial services, telecommunications and pharmaceuticals industries) and sales of publications.

Catos corporate donors include tobacco firms:

Philip Morris (

Rupert Murdoch sits on Philip Morris board of directors) and

R.J. Reynolds. Financial firms:

American Express,

Chase Manhattan Bank,

Chemical Bank,

Citicorp/Citibank, Commonwealth Fund, Prudential Securities and

Salomon Brothers. Energy conglomerates:

Chevron Companies,

Exxon Company,

Shell Oil Company and Tenneco Gas, as well as the

American Petroleum Institute,

Amoco Foundation and

Atlantic Richfield Foundation. Furthermore the Cato Institute is funded by pharmaceutical firms:

Eli Lilly & Company,

Merck & Company and

Pfizer, Inc., foundations, like Koch, Lambe and Sarah Scaife and companies from the telecommunications sector: Bell Atlantic Network Services, BellSouth Corporation,

Microsoft, NYNEX Corporation,

Sun Microsystems and

Viacom.

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Merck & Co., Inc.

Merck & Co. is a research-driven pharmaceutical company that discovers, develops, manufactures and markets a broad range of human and animal health products, and provides pharmaceutical benefit services through Merck-Medco Managed Care LLC. The Company is comprised of two operating segments. Merck-Medco primarily includes sale of non-Merck products and Merck-Medco pharmaceutical benefit services, principally manages prescription drug programs and programs to help manage patient health. Merck-Medco sells its services to corporations, labor unions and insurance companies. Merck Pharmaceuticals consists of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. The Company's human health products are sold to drug wholesalers and retailers, hospitals, clinics, government agencies, and managed care providers.

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