Word: antitrust
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Donald F. Turner, professor of Law, was named an assistant attorney general in charge of the Justice Department's antitrust division by President Johnson Yesterday...
...dour former Supreme Court Justice who defended the New Deal ("You can't eat the Constitution") when he was U.S. Democratic Senator from Indiana (1935-41), remained sympathetic to the Administration after President Truman appointed him to the high court in 1949, backing the Justice Department in most antitrust appeals and concurring in the unanimous school desegregation decision of 1954, retiring as a result of pernicious anemia in 1956; of intestinal hemorrhaging; in New Albany...
...road stretching from Virginia to Canada and west to St. Louis; initially, at least, it would also have 109,000 employees and 182 subsidiaries that do everything from mining coal to making freight cars. Yet even the Justice Department, which alone has opposed the merger for the usual antitrust reasons, is prepared to accede to it now. One reason: after deciding to make his run for the U.S. Senate, former Attorney General Robert F. Kennedy took one look at the railroad problem in New York, left behind at Justice a memo urging approval of the merger because "conditions have changed...
...quantity. The New York City Bar Association last week staged a mock trial in which it subpoenaed computerized business records as evidence, thus raising questions about how to cross-examine a computer and who to blame when a machine's decisions cause a corporation to run afoul of antitrust laws...
Dividing an Omelet. Still angry over the 1961 maneuver, the Justice Department is not in a compromising mood, intends to press for a split-up. "Some persons seem to feel that you can't unscramble an omelet," says William H. Orrick Jr., head of Justice's antitrust division. "You can't. But you can divide it into two parts." Justice plans to ask the court to require the bank to divide its accounts, loans, branches and personnel into two independent banks, one about twice the size of the other-the ratio between Manufacturers and Hanover...