Word: antitrust
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...governors that Erving belongs to Milwaukee. Atlanta, a troubled franchise with the greatest need for Erving, last week refused to pay a $25,000 fine levied by N.B.A. Commissioner Walter Kennedy for using Dr. J in two exhibition games. The Hawks and Erving also filed a $2,000,000 antitrust suit against the N.B.A. and Kennedy. As the controversy raged around him, Dr. J remained calm. "I invited myself into this situation," he said, "and I'm willing to suffer the consequences...
Randall, especially, knows whereof he writes: he was director of a four-year investigation of the auto repair racket for the U.S. Senate Subcommittee on Antitrust and Monopoly. In that position he discovered that auto mechanics are, as often as not, incompetent hacks. None of the 50 states requires that automobile mechanics be licensed, says Randall, although "persons engaged in less life-and-death-re-lated professions such as beauticians, barbers, and real estate agents generally must pass proficiency tests and be licensed in order to practice their trades...
...recession and stock market collapse of 1969-70. That in turn shook out many of the glib-talking hustlers who had built too big on shaky foundations. Further, the Administration, responding to complaints from established businessmen that the conglomerate operators were dangerous predators, started a particularly vigorous antitrust drive. Jim Ling was its prime target. Justice Department suits prevented him from doing anything to straighten out the problems at the biggest and most troubled company that he had acquired, Jones & Laughlin Steel...
...contention, Belli cites the fact that although the A.B.A. canons of ethics forbid lawyers to advertise, the A.B.A. has permitted firms and individual lawyers to take ads in any approved law list; Martindale-Hubbell is the only such approved list that bestows ratings. All of this, says Belli, violates antitrust rules and defames outsiders...
...began signing up a string of independent Coke and Pepsi bottlers, including giant Coca-Cola Bottling Co. of New York, Inc. Coke and Pepsi may have been furious, but in 1966 the Food and Drug Administration declared that Dr Pepper was not a cola, thereby eliminating the threat of antitrust action against the bottlers if they decided to take...