Word: antitrust
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...imports be carried in U.S. vessels. He permitted?perhaps encouraged?vigorous antitrust action by his Justice Department, notably against AT&T. By taking blunt exception to a General Motors price hike, he forced a modest rollback. U.S. Steel, too, reconsidered a price increase when Ford grumbled...
...Pounds. There are also numerous financial regulations that would blunt the impact of foreign investment on the U.S. economy. For one thing, U.S. antitrust laws treat foreigners and Americans alike in their restrictions on market control. As for cocktail-party patter about secret takeovers by Arabs, such financial hugger-mugger is unlikely. Present disclosure laws require revelation of the actual owner of holdings of 10% or more in any company whose stock is publicly traded...
...Democrats in the 1972 presidential campaign, secret payments of hush money to the Watergate burglars, the burglary of the office of Daniel Ellsberg's psychiatrist, Richard Nixon's federal tax return claims and perjury in connection with the investigation into a possible connection between the settlement of antitrust suits against the International Telephone & Telegraph Co. and its pledges of money for the Republican National Convention. The former President, named an unindicted co-conspirator by the Watergate grand jury for his role in the coverup, was pardoned by his successor Gerald Ford for all offenses that he may have...
RICHARD G. KLEINDIENST, 51, Attorney General. Pleaded guilty to refusing to testify fully during his confirmation hearings before the Senate Judiciary Committee in 1972, when he stated falsely that Nixon had never pressured him to soften the Government's antitrust drive against ITT; received a one-month suspended sentence...
Rozelle Rule. In an antitrust suit brought against the league and the New England Patriots by ex-Quarterback Joe Kapp, Judge Sweigert declared that the so-called Rozelle rule and part of the league's draft procedure are "patently unreasonable" and therefore illegal...