Word: antitrust
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...added that although there is no written rule, the management company will take into account what he called "ethical" considerations in some cases if the company has been convicted of fraud, antitrust, or of illegally polluting the environment. He said that he used his discretion and would not invest in "a brothel or one that sold illegal drugs...
...suit stops short of accusing Crandall of outright price fixing, a violation of federal antitrust law punishable by fine and imprisonment. The most notorious such case occurred in 1961 and involved General Electric, Westinghouse and many others. The companies and their key executives paid a total of almost $2 million in fines; 30 executives, charged as criminals, faced sentencing, and seven actually went to jail...
Putnam broke no law by making the recording. It is legal in Texas, and many other states, for one party in a telephone conversation to record it without letting the other party know. William Baxter, the Justice Department's antitrust chief, let it be known last week that he thinks company bosses should always record their phone conversations with other company bosses. That would make it harder, reasoned Baxter, to try to fix prices over the phone. Many businessmen found the idea absurd. Could wired golf carts and bugged swizzle sticks be far behind? -By John S. DeMott. Reported...
...Brothers sells more than 2 million of the original each year.) He now hopes to get his games back on the shelves, as well as to dig up the buried ones. After that? He has already developed Anti-Monopoly II and-oh yes-he plans to proceed with an antitrust suit against Parker Brothers...
...rivals want the Federal Trade Commission to bar the venture as a violation of antitrust law. An official of the FTC, which is reviewing the deal, said that a decision on whether to challenge it would be "a very close call." The GM-Toyota linkup has congressional critics too. One opponent, Ohio Representative John Seiberling, has urged early hearings on the agreement...