Word: anti-trust
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...direction of Morgan Partner Thomas Cochran, but Radio Corp.'s ownership of Victor Talking Ma-chine make it desirable for the English Columbia Graphophone to get rid of its U. S. Columbia Phonograph lest the indirect consolidation of Columbia Phonograph with Victor Talking Machine arouse U. S. anti-trust action...
...Patents owned by General Electric, Westinghouse, American Tel. & Tel. were pooled for Radio's development of receiving sets, were later "licensed" (for a royalty) to 34 receiving set manufacturers, 14 tube manufacturers. Almost immediately, the U. S. Government looked askance at these practices as possible violations of the Sherman Anti-Trust Act. Although in 1928, after prolonged investigation, the Federal Trade Commission dismissed a complaint against Radio on this score, the Department of Justice continued to hear protests from "independent" producers...
...into an actual control, and in the future of Radio Corp. as a producing company, manufacturing the Radiolas now made for it by the electric companies. General Electric and Westinghouse were also to turn over to Radio Corp. their holdings in Radio Corp. subsidiaries. In addition to stirring up anti-trust agitation, the Radio deal revived rumors of an approaching absorption of Columbia Graphophone...
Twenty-seven years ago after a great public uproar President Roosevelt and the Supreme Court sundered as a violation of the Anti-Trust Law the consolidation of the Great Northern and Northern Pacific railroads. Last week the Interstate Commerce Commission approved putting them back together. What was illegal in 1903 became legal...
...88th Federal, Judge Taft's opinion established the right of the taxpayers to resort to the courts for protection against tax discrimination; his decision in U. S. v. Addystone Pipe Co. is one of the most frequently cited opinions dealing with the rights of corporations under anti-trust laws; his decision in the Burlington railroad case established the right of the Interstate Commerce Commission to regulate rates, both interstate and intrastate; his half dozen opinions on various phases of the prohibition law enforcement question are all basic and all outstanding. Wuchter v. Pazzutti on the limitations on certain rights...