Word: antitrust
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...most upsetting member of the Eisenhower Administration is a 32-year-old trustbuster who acts more like a New Dealer than might be expected of a Republican. He is Robert Alan Bicks, nominated last week as the youngest Assistant Attorney General ever to head the Justice Department's Antitrust Division. As acting boss last year, Bob Bicks filed 63 criminal and civil antitrust cases against U.S. business, largest number of antitrust suits since the heady days of the New Deal...
...laude from Yale in 1949, he went to Yale Law School, became Comments editor on the Yale Law Journal. His work attracted another Yaleman and onetime Comments editor: Herbert Brownell, then Attorney General, who needed a bright young man to help him with a newly appointed committee on antitrust laws. Bicks took the job in 1953 and discovered that antitrust work was precisely what he wanted. "One of the few absolute personal values I have is diversity of experience," says Bicks, "and antitrust work is damned diverse...
BICKS was soon a top assistant to Stanley Barnes, who headed the Antitrust Division. When Barnes left, Bicks became first assistant to a new head, Victor Hansen. Straw-bossing the department's 470-odd lawyers, clerks and economists while preparing and arguing the big cases himself, Bicks was the obvious choice ,for department chief when Hansen quit last year, and is not likely to have much trouble getting congressional approval. One fact that impresses Congress: his reputation for aggressive honesty. Says Bicks: "There is a certain luxury in not being talkable-to about a case. I make it clear...
...Arthur Dale Console, 46, former medical research director for E. R. Squibb & Sons, told the Senate Antitrust Subcommittee (TIME, Dec. 21), chaired by Tennessee's Democrat Estes Kefauver, that many drugs of high price but low medicinal value are being foisted on doctors and patients. Dr. Console emphasized that he was testifying about the industry as a whole and not as a witness against Squibb. (After recurrent bouts with tuberculosis, he quit the company to go into private practice in Princeton, N.J.) Then Dr. Console declared: "The incidence of disease cannot be manipulated, so increased sales volume must depend...
...TOUGHER ANTITRUST POLICY will be adopted by Justice Department. Unless a company admits to guilt, thus facilitating suits for damages by private parties, state or local governments, Acting Antitrust Chief Robert A. Bicks will refuse to enter into a consent decree...