Word: anti-trust
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...also criticized large industrial corporations. "Those who believe in this philosophy must oppose massive scale-ups, support anti-trust laws, and try to help small and middle-sized firms," she said...
...both their empire and their self-justification. As long as the family controlled the company, their fortunes and their power grew. The book is subtitled The Rise and Fall of the du Ponts of Delaware-- and the fall comes only in the late 1950s with a government crackdown, anti-trust laws, and the removal of the family from active control of the corporation...
...whether the Saudis can convincingly threaten to boost production enough to create periodic petroleum gluts. Yet high Aramco officers are among the few people who know the real size of Saudi Arabia's production capacity. Last spring Exxon and Socal divulged to the Justice Department, in its ongoing anti-trust investigation of the oil industry, that Aramco had little spare capacity. That statement helped to undercut Saudi influence over cartel price policy. On the eve of the Caracas gathering last week, Saudi officials proclaimed that the country could boost output almost immediately, perhaps to a hefty 11 million...
...addition, Kennedy has long been a prime mover behind efforts to limit the political and economic power of the oil conglomerates. At his behest, for example, the Federal Trade Commission is now considering an anti-trust rule that would prohibit oil companies from owning the means of distribution--the pipelines. "Major oil companies use pipelines as bottlenecks to restrict supplies to consumers and to raise prices unfairly," he says...
...President's Council on Wage and Price Stability is reviewing the rising prices of several commodities and is considering some anti-trust actions, Kahn said...