Word: antitrust
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...than 170 papers all over the U.S. viewed the situation with understandable alarm. The court had upheld the trustbusters' charge that the papers' unit ad rate (forcing advertisers to place ads in both papers if they wanted space in either one) was a violation of the Sherman Antitrust Act (TIME, June 9, 1952). Other publishers who also use the unit rate feared that the decision against the T-P and States would upset an advertising arrangement that had been in effect on many other papers for years. With the support of these publishers, T-P and States Publisher...
...total minor-league attendance last year was 16 million less than in 1949; only 19 of 273 minor-league teams made money in 1952. Frick's pitch to the Senators: give organized baseball the power it used to have-before Harry Truman's Department of Justice threatened antitrust suits-to restrict the broadcasting and televising of big-league games in minor-league territories...
...Marketing agreements which would be, in effect, legalized breaches of antitrust laws. (Such agreements have already proved effective stabilizers for oranges, nuts and some vegetables...
Attorney General Herbert Brownell last week announced the new Administration's first antitrust case. He got an indictment against the Gulf Coast Shrimpers' & Oystermen's Association, an organization of some 5,000 independent fishermen who last year caught $15 million worth of shrimp (and some oysters) in the Mississippi Sound for sale to packers at Biloxi, Pascagoula and Pass Christian, Miss. The Government charged that the association and its officers used "coercive practices" to fix prices, and "force and violence" to cut off supplies of shrimp to dealers who did not meet its terms. By these methods...
Testifying at the Du Pont antitrust trial in Chicago last week, General Motors Chairman Alfred P. Sloan Jr. explained why Charles F. Kettering, the company's famed research wizard, never made the top policy committee. Sloan said that in 1943 he had proposed that the committee admit "Boss Ket," who invented the self-starter and helped in the development of many another product (e.g., the high-compression motor, leaded gasoline). But when Du Pont Chairman Lammot du Pont objected, Sloan felt that his reasons were valid. "We agreed," said Sloan, "that if [Ket] came on the committee, he would...