Word: antitrust
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...used as a set for Paramount's Sunset Boulevard. After graduating from Yale Law in 1958, she became an assistant U.S. attorney in Los Angeles, and later set up a law firm with her husband and friends in 1962. She also taught at U.C.L.A. Law, wrote a handbook on antitrust cases and was co-author of a textbook, Federal Civil Practice...
...seen such an ad-and for precisely that reason the Federal Trade Commission last week took on the powerful American Medical Association. The agency charged that the A.M.A's code of ethics, by forbidding advertising, has stifled competition between doctors and thus violates antitrust laws. The case highlighted a sudden new interest by the five-member commission in medicine and advertising: in other late-December actions, the FTC moved to bring about wider advertising of low-priced eyeglasses and to force Warner-Lambert Co. to tell consumers that Listerine mouthwash does not prevent colds or sore throats...
...United Brands' case highlights the accelerating pace of antitrust action in Europe. Though empowered by the EEC's founding Treaty of Rome to prevent "distortion or restriction of competition," the Brussels-based Competition Department at first did little to break up Europe's traditionally cozy relationships between competitors. But since Luxembourg Diplomat Albert Borschette took over as antitrust chief in 1970, the EEC has become far more aggressive. Says Borschette: "I think it would be better for us to have three or four medium-sized companies in real competition [in each major market] than to have...
...study the merger plan carefully to see if it might give GE an unfair advantage over other domestic manufacturers of power plant equipment. If the Justice Department or the Federal Trade Commission decides to challenge the merger, it would underscore a long-building conflict between the nation's antitrust policy and its international economic interests. Reason: a thoroughly integrated energy giant may well be exactly what the U.S. needs to battle effectively for overseas orders against Japanese and other government-supported competitors...
...antitrust immunity for anticompetitive rate-making activity by truckers. After a three-year phase-in period, carrier associations could in most cases no longer discuss rates, nor could industry rate bureaus file rates for members. Truckers could raise rates up to 15% a year without ICC intervention; they could cut rates without limit...