Word: antitrust
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PHILADELPHIA Antitrust Lawyer William L. Maher, 52, who helped convict 29 electrical companies of price fixing, will become officer of one of the convicted firms, Chicago Joslyn Manufacturing & Supply Co. His duties: to guide Joslyn's antitrust compliance program...
...troubles is the fall-off of dealers, mostly among "duals" who handled the Lark along with other makes until other automakers brought out their compacts. Some dealers began to drop the Lark, but Studebaker thought Chrysler Corp, went too far. Studebaker prodded the Justice Department into filing an antitrust suit charging Chrysler with pressuring dealers who were selling the Lark to drop it or not get the Valiant franchise...
...Frontier's savvy liaison man with the outgoing Administration, Washington Attorney Clark Clifford was hired last week by the General Electric Co. Duty of the onetime top Truman brain-truster: advising the company on the multi-million-dollar damage claims resulting from February's antitrust convictions...
...Quadros is keenly aware, his eco nomic austerity program is likely to jeop ardize his political popularity. But the reforms he promises - antitrust legislation, land reform, a general tax overhaul -should stand Brazil in good stead abroad as well as at home. Last week, as President Kennedy declared such reforms to be one of the conditions of U.S. aid to Latin American nations, Quadros sent special envoys to both the U.S. and Europe to arrange stretch-outs of old debts - and to investigate the chances for new loans...
Wearied by the constant warfare between the combatants, the Government filed an antitrust suit in 1954 against all three for conspiring to monopolize air traffic between the U.S. and South America. Real purpose of the Government's action was to separate Panagra from Pan Am to facilitate a merger with Braniff. In his 70-page opinion, Judge Murphy dismissed the charges against Grace and Panagra, thus cleared the runway for a possible Braniff-Panagra merger...