Word: antitrust
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BETTER TV MOVIES may result from new antitrust battle. Government charges that six major film distributors are illegally block-booking old Hollywood movies to TV stations, forcing them to lease flops in order to get hits. Trustbusters want current contracts renegotiated so that stations can order single pictures...
...ANTITRUST SUITS by six companies against United Shoe Machinery Corp. may be settled out of court since United has paid $1,400,000 and some patent rights to get one of them dropped. Still pending are multimillion-dollar monopoly damage claims against United by Allied, International and Rapid shoe machinery companies, Hanover Shoe Co. and W. B. Coon...
...week tapped a New Orleans corporation lawyer whose facility at law helped Ike clinch the 1952 Republican nomination. To the Senate for confirmation he sent the name of John Minor Wisdom, 51, Louisiana's Republican national committeeman. A lifetime Republican but no politician until 1951, Lawyer Wisdom (specialty: antitrust legislation) recruited Louisiana Republicans and Democrats alike for Ike, saw a delegation packed with Taft supporters picked for the convention. Carrying his battle to Chicago, Wisdom argued credentials with top courtroom skill, produced 21 witnesses and a stack of exhibits, won 13 of Louisiana's 15 seats...
...Norris, Pres.) caught a legal haymaker. Boxing may be a sport, decided Manhattan's Federal Judge Sylvester J. Ryan last week, but it is also a big and far from benevolent business, and promotion of championship bouts is monopolized by the I.B.C. in violation of the Sherman antitrust laws...
...I.B.C. still has its appeal, but Ryan's ruling fell inexorably into a fast-forming pattern of legal reasoning that portends basic changes in the structure of big-time sport. Only the week before, the Supreme Court had decided that professional football is subject to antitrust laws (TIME, March 11) and suggested that even big-league baseball is no longer immune...