Word: anti-trust
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...June 7, Penn President Harold Stassen called N.C.A.A. President Hugh Willet, a Southern California professor, and informed him that because of the illegality (allegedly an anti-trust violation) of the new program and the "need for another year of observation of television's full impact on college football," Penn had no intention of heeding the Association's ruling...
Penn Director of Athletics Frank Murray sat back and added fuel to his "anti-trust" fire by calling the boycott "a conspiracy in restraint of trade," conveniently overlooking the fact that the N.C.A.A. had enlisted the cooperation of the TV industry in its program. Murray was still not worried. He had an ace in the hole...
...Answer. Eccles asked the then Attorney General, Tom Clark, to prosecute Transamerica as a monopoly, but got no where. So Eccles decided that FRB should do so. In November 1947 FRB ordered an anti-trust investigation. The President declined to reappoint Eccles as FRB chairman two months later. Writes Eccles: "The principal pressure that shaped the President's decision came . .. from within the inner citadel of the Giannini banking interests . . . Those who were responsible ... no doubt expected that I would resign . . . and the way would be cleared thereafter for continuous expansion...
Plans of the athletic directors of eastern schools to control carefully television and radio broadcasts of college football games may fall afoul of federal anti-trust statutes...
...Mexican payoff was only a prelude. It opened the way for every disgruntled player to sue baseball in the federal courts on the basis that the reserve clause violates the anti-trust laws. And now Congressman Emmanuel Caller, an old friend of Happy Chandler's, has decided to parade the whole issue before a House committee in order to decide it "once and for all." Some people see in this move a last minute attempt by retiring Commissioner Chandler to prove his indispensible political influence. Whatever the lawmakers may say, the reserve clause is essential. Without it, signing of contracts...