Word: anti-trust
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...Department of Justice last week declared that this spreading practice is a violation of U.S. anti-trust laws...
This was not the only sequel to the anti-trust suits the Government filed fortnight ago against NBC and CBS (TIME, Jan. 12). Mutual last week hopped into the mix-up with its long-rumored suit against NBC, asked $10,275,000 damages for the disadvantages it claims to have suffered at NBC's hands. To NBC lawyers this, on the face of it, posed a chilling question. If they fought the Government suits and lost, Mutual's case for triple damages under the Sherman Act would be hard to beat. Mutual, which had complained much...
...hand is a Federal body set up to allot radio frequencies and license stations in the public interest. Through its licensing power it theoretically holds the whip hand over every one of the country's 890-odd stations. At its head is a tall, unreconstructed Texan, an oldtime anti-trust lawyer and regionalist who was once general counsel...
...anti-trust suits made all the points FCC had made in its report last spring, including some that were out of date because the networks have fixed them. But this time the networks could not argue that the charges were being brought by the wrong body. Sample points: NBC and CBS "control" 50 of the country's 52 clear-channel stations; have at their disposal 85% of the night-time radio power available; are without any possible full-time competition in 45 cities of 50,000 or more population, because they hold dominant contracts with stations...
...anti-trust suits may have been a case of mixed signals. If not, and despite the questionable relevance of the old antitrust laws in the broadcasting context, the Justice Department might make it tough. In Manhattan, the rumor was that Mutual would soon slap down a damage suit against NBC, alleging violation of the anti-trust laws. With this cold turkey NBC and CBS began the New Year...