Word: antitrust
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...cases raise some questions of antitrust law. To begin with, the Clayton...
...litigation against several giants, including AT&T, IBM, Firestone, Xerox and the big three in the rental-car field: Hertz, Avis and National. Last week the Justice Department turned its attention to some of the biggest banks and insurance companies, charging that they too are in violation of U.S. antitrust laws...
...issue are interlocking directorates-arrangements under which a director of one company serves simultaneously on the board of another. Interlocking directorates among competing firms have been forbidden since 1914 by Section 8 of the Clayton Antitrust Act. Yet the Justice Department suspects that as many as 400 banks and insurance companies may share directors. Its two civil suits filed last week name the Prudential Insurance Company of America, in Newark, the nation's largest insurance company, which has on its board a director of the San Francisco-based Bank of America, the largest U.S. bank, and another from...
...around next November. She'll vote for a candidate who wants to keep old oil controlled, to mandate high-milage cars from Detroit, to require energy efficiency reports from the 2000 largest energy users, to give tax incentives for good insulation. Her candidate will probably call for antitrust action and legislation to break up the vertical and horizontal integration of the oil companies, to restore competition to the energy business. She'll pick the one who says that conservation is the best new source of energy, who will offer leadership and incentives to conserve instead of higher prices...
...will simply abandon the optional N.A.B. code. After all, cops and robbers are the most popular enduring fare. Now, in the steamy climate of lost tempers, producers of all kinds are discussing lawsuits. One approach is on constitutional grounds: family time violates the First Amendment. The second involves an antitrust action that the networks' agreement to ban violent shows from early prime time amounts to collusion. In the fuss, the original issue of violence on TV has been lost. Another loser may well be the fresh, funny irreverence of the sitcoms that for only a brief span of time...