Word: antitrust
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When some Texas grocers complained earlier this year of price-slashing by Safeway Stores Inc., the Justice Department assigned five antitrust investigators to look into the chain's operations. The outcome: a federal grand jury in Fort Worth last week charged that Safeway's price cuts (10 Ib. bag of sugar: 69?) were an attempt to monopolize the retail grocery business in Texas and New Mexico cities...
FAIR-TRADE LAWS will not be an issue at this session of Congress. Despite a recommendation by Attorney General Herbert Brownell's antitrust committee that federal price-fixing laws be abolished (TIME, Sept. 13), no bill has been introduced...
Georgetown University Professor Leonard Emmerglick, once the Justice Department's expert in the Alcoa antitrust case, chimed in. Soon after the Korean war began, ODM decided to add 1,800,000 Ibs. to U.S. capacity, and push total production to 3.2 billion Ibs. by 1955. It gave the Big Three fast tax write-off allowances for new plants and proceeded to buy any new production the companies could not sell in the open market. In return, the Big Three agreed to deliver one-third of the new plant output to independent fabricators. But, charged Emmerglick, they have been failing...
Died. Judge Harold M. Stephens, 69, chief justice of the Court of Appeals for the District of Columbia; of cancer; in Washington. An early and ardent New Dealer, Stephens served with distinction during the early years of the Roosevelt Administration as assistant attorney general in charge of antitrust matters, was appointed to the Court of Appeals in 1935, later lost some of his New Deal support (and probably a Supreme Court appointment) by lining up against the Government in the 1938 decision forbidding the National Bituminous Coal Commission to fix the price of coal...
...Miller-Tydings Amendment to the Sherman Act as well as the McGuire Amendment to the Federal Trade Commission Act." While Barnes said that the Justice Department was not yet ready to recommend repeal of the Fair Trade laws, as suggested by Attorney General Brownell's special antitrust committee (TIME, April 11), he revealed that he was "considerably disturbed by responsible businessmen" contending that brand-name products are cheaper in Fair Trade areas than else where. To answer such statements, said Barnes, his department is studying how Fair Trade laws actually operate...