Word: antitrust
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...year ago-was the premier topic. There was no way to avoid it. Last June the U.S. Supreme Court threw out uniform minimum fees set by bar groups and ruled that attorneys-as well as doctors or other members of so-called learned professions-were not automatically exempt from antitrust laws. The same day the court held that the right of an abortion-referral agency to run informational advertisements is protected by the free-speech guarantee. In a talk to a lawyers' group, Deputy U.S. Attorney General Bruce Wilson spelled out a blunt warning: "An agreement to restrict advertising...
...established customers and to set uniform prices to customers served by more than one manufacturer; they also promulgated list prices, to which everyone adhered, for certain types of cartons. The Government claims that such behavior began in 1960, and ended some time before December 1974. That month the antitrust law was changed to make price fixing a felony punishable by fines on corporations of up to $1 million...
...week's end few of the defendants were prepared to comment publicly. A spokesman for Champion International Corp. said the company was "surprised" to be named, and the general counsel of Container Corp. issued a statement insisting that his firm had complied with the latest nuances of antitrust law. Privately, some industry officials grumbled that the indictment was politically motivated, to project an image of consumer protection in a presidential election year...
...lucky we picked Miki," Liberal Democrats were telling each other last week. That is a new sentiment. As recently as last December, Miki's administration received an abysmal 26.6% popularity rating in a public opinion poll. His ambitious reform program had made little headway. Promised antitrust legislation ended up pigeonholed in the Diet. Inflation was slowed to a manageable 9%, but the government failed to stop price rises on necessities like rice, oil and electric power. The party's hawkish right wing blocked Miki's attempts to ratify the nuclear nonproliferation treaty. Miki seemed weak and ineffective...
...prevent an impotent government incapable of following "internationalist economic policies," Huntington's paper suggests that the government "assure its ability to withhold information at the source." He predicts that the U.S. government may find it necessary to "regulate" the national news media with laws similar to the Sherman Antitrust...