Word: antitrust
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...Daphne was expelled from the state and national funeral directors associations for advertising his low-cost funerals. He was readmitted in 1968 only after a federal antitrust suit charged the national association with unethical practices. There may have been an element of jealousy in the expulsion: Daphne's three branches do more business than any other mortuary in the Bay Area. But morticians generally believe that death should be not only proud but beyond price...
Joseph Alioto, son of a Sicilian fishmonger, won fortune as an antitrust lawyer and fame as mayor of San Francisco. Now he wants to run for the California governorship. In recent months, his political ambitions have been dealt two setbacks. First, Look magazine charged that he was involved with Mafia characters, an allegation to which the mayor responded with a $12.5 million libel suit (TIME, Sept. 19, 1969). Now, newspaper exposes report that Alioto apparently split legal fees with the then attorney general of Washington State...
Alioto last week denied any illegality or impropriety and depicted the brouhaha as a Republican plot to kill off his political chances. It began in 1962, when 15 Washington State public utility districts hired State Attorney General John O'Connell and his assistant. George Faler, to manage their antitrust suits against electrical manufacturers accused of price fixing. O'Connell in turn retained Alioto, then a private citizen, to handle the suits in court. Alioto's fee was to be 15% of damages won, up to a limit of $1,000,000. He proved so successful, however, that...
Died. Thurman W. Arnold, 78, eminent Washington lawyer and onetime New Deal trustbuster; of a heart attack; in Alexandria, Va. As an Assistant Attorney General from 1938 to 1943, Arnold initiated more antitrust suits (230) than any other individual in the history of the Sherman Antitrust Act, winning major decisions against the American Medical Association, Standard Oil of New Jersey and the Associated Press. He was appointed to the U.S. Court of Appeals for the District of Columbia in 1943 but quit two years later to establish his own firm with Paul Porter and Abe Fortas; generous and liberal...
...Justice Department will add a new consumer division, to be staffed with a score or more of lawyers and economists. It will operate much like the present antitrust division, filing suits against companies...