Word: anti-trust
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...Raleigh Hotel ASCAP's Lawyer Milton Diamond sat down to a quiet dinner. His companions were Victor Waters and Holmes Baldridge, assistants to Thurman Arnold. By the time coffee was served they had agreed that ASCAP should consent to a decree designed to obviate a Government anti-trust suit against the society...
Studies in the book, apart from the budgetary research, deal with foreign trade policy in the business cycle, the now anti-trust procedure in the construction industry, the historical background of the Hatch Law, control of broadcasting in war-time, and administrative planning for national defense...
Assistant Attorney General Thurman Arnold brought criminal action against the Carpenters on the grounds of interference with interstate commerce, argued that unions are subject to the Sherman antitrust act. Justice Frankfurter held instead that the 1914 Clayton Act and the 1932 Norris-LaGuardia Act tended to exempt unions from anti-trust law, granted labor immunity from anti-trust prosecution no matter how directly their jurisdictional disputes operate in restraint of trade...
Last week B. M. I. got out from under a Department of Justice anti-trust suit by "consenting to refrain from monopolistic practices." In its agreement with the Department, B. M. I. promised among other things to license its music on a pay-when-you-play basis, to permit customers to choose tunes they liked without taking the whole B. M. I. catalogue, to offer its music to all users of the same class on equal terms. Since ASCAP hasn't yet given in to the Department, B. M. I.'s consent decree will not go into effect...
...help of Dr. Gallup to sense that Jeanie's light brown hair has turned gray in the last two months, and Old Black Joe has long been a member of the angelic choir. Just to make sure he stays there, the government has decided to start a criminal anti-trust suit against ASCAP, but those who think that this may mean tuneful radio music again are in for a long wait...