Word: anti-trust
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...judicial functions. 'Like most of the big independent boards and bureaus, FTC exercises all three functions at once. Founded during another reform era - Woodrow Wilson's New Freedom - FTC is charged with 1) prevention °i unfair competition, 2) enforcement of certain sections of the Clayton Anti-Trust Act, including the 1936 amendment known as the Robinson-Patman Act. It also has broad investigatory powers. Most famed FTC investigation was the eight-year probe of public utility holding companies, which netted 84 volumes of evidence and resulted in the Public Utility...
...model prospectus of his own covering the same ground in 250 words. C. "Silly," said Western Union Telegraph Co.'s dour old Vice President John Calvin Willever last week of newspaper reports that Western Union and Postal Telegraph were about to be prosecuted for violation of the anti-trust laws. Prudence, said Mr. Willever, had dictated that in some cities each company should maintain its offices far enough from the other's to prevent ''dilution of business." Any notion that this could form the basis of an anti-trust action, Mr. Willever said, was as silly...
...week in Philadelphia in the first Sit-Down ruling from the Federal bench, the Circuit Court of Appeals declared that sit-downers in a local hosiery mill were not only guilty of such crimes as forcible entry and forcible detainer but had violated the Wagner Act and the Sherman Anti-Trust...
Fearing this application of the anti-trust laws to labor disputes could be easily broadened into a major strikebreaking weapon, Labor proposed to carry the Apex case to the U. S. Supreme Court. Meantime the Apex officials gave the sit-downers 24 hours to evacuate the plant. As the zero hour approached, Philadelphia's Mayor Wilson persuaded the sit-downers to leave peacefully, led them out in person. After one look at the plant. Apex officials rushed back to the Courts claiming that on the last day the sit-downers had wrecked the mill from office to basement...
...words of Justice Roberts meant that through tax discrimination one State could strike at a whole corporation, not simply that part of the corporation doing business within its boundaries. Said Henry Ward Beer, old-time trial counsel to the Federal Trade Commission: "The long advocated amendment of our anti-trust laws to prevent the growth of monopoly has been effectively accomplished through the means of taxation...