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Word: antitrust (lookup in dictionary) (lookup stats)
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...covers 47,000 individuals, has spread in monthly rates from $7.25 (standard, single) to $24.20 (de luxe family), covers both hospital and medical costs. In 1939, G.H.A. doctors were barred from Washington hospitals until the District Medical Society and A.M.A. were convicted of violating the Sherman Antitrust...

Author: /time Magazine | Title: Medicine: The A.M.A. & the U.S.A. | 7/7/1961 | See Source »

...claims there are 150,000 prescription drugs now in use, increased by 15,000 new mixtures and dosages each year, while 12,000 die off. These figures are then used to support baseless recommendations to cut drug production which, if carried out, would in part be violative of federal antitrust laws...

Author: /time Magazine | Title: Letters: Jun. 16, 1961 | 6/16/1961 | See Source »

...lazy, indolent way to do business," said General Electric's President Ralph J. Cordiner, 61, as he sought to explain to Senator Estes Kefauver's antitrust subcommittee how G.E. executives got started price fixing. But Cordiner coldly rejected Kefauver's suggestion that G.E.'s antitrust violations constituted "corporate disgrace." Said Cordiner: "No, I am not going to say that ... I am going to say that we are deeply grieved and concerned." G.E., he said, was the only one of the 29 companies involved in the great electrical conspiracy to fire its convicted employees, because...

Author: /time Magazine | Title: Personal File: Jun. 16, 1961 | 6/16/1961 | See Source »

...mentor and close friend of Jimmy Hoffa ("the greatest little bastard who ever put a pair of shoes on"); of cancer; in Detroit. A $15-a-week wagon driver who rose by his skill as a skull-cracking labor organizer, Brennan sported a lengthy arrest record (assault, bombing, antitrust violations), co-starred with Hoffa in close-mouthed appearances before the Senate labor-rackets committee...

Author: /time Magazine | Title: Milestones: Jun. 9, 1961 | 6/9/1961 | See Source »

...fortnight ago that he had given instructions for them to meet with competitors to fix prices, Paxton heatedly denied the charge. But he admitted that as he took over new divisions during his rise up the G.E. ladder, he never asked his subordinates if they had previously violated antitrust laws. "I contented myself with telling them I was unalterably opposed to this monkey business," he said. "I considered it womanish to ask a man what he had done in the past...

Author: /time Magazine | Title: Business Ethics: Price Fixing (Contd.) | 5/12/1961 | See Source »

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