Word: antitrust
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...paper's major handicaps has been the advertising edge enjoyed by its competitors (Globe, Herald and Trawler, Hearst's Record and American), which have both morning & afternoon editions, enforce "combination" advertising rates for both. If a recent court decision finding such enforced rates a violation of antitrust laws (TIME, June 9) is sustained by the U.S. Supreme Court, the Post may do better. In any case, its 125 staffers are hoping that Proprietor Fox, who has breathed life into many another ailing corporation, can do the same with the Post...
Spanos, born in Greece and raised in Pittsburgh, decided while still attending Harvard Law School in 1946 that he would make his fortune in the movie business. To get a foot in the door, he wrote a thesis on the antitrust suits against the industry (TIME, Aug. 1, 1938 et seq.), marshaled arguments to answer all the Government's charges. Spanos' strategy worked. After he got his degree, the Motion Picture Association in New York hired him, and soon he joined a Hollywood firm which was defending exhibitors in antitrust suits...
Spanos' big chance came in the fall of 1948 when he met William D. Fulton, who had formerly run a theater in Kansas City, now ran one in Pacific Palisades. Spanos' antitrust knowledge interested Fulton, who felt that big theater interests had victimized him. In 1937 Fulton had sold his Kansas City theater to a Fox subsidiary because he was losing money. Reason: Fox and other distributing companies refused to provide him with films unless he agreed to show them later, and charge more, than a neighboring theater which Fox controlled. After Fulton sold his theater, it made...
...faced a double-barreled shotgun in the hands of his competition. Rival Publisher Leonard K. Nicholson used both his New Orleans morning Times-Picayune and afternoon States to keep Stern's afternoon Item in check. Two years ago Stern found an ally, when the Justice Department started an antitrust suit against Nicholson's papers. The Government's main charge: unfair competition by Nicholson, because he forced advertisers to put ads in both his papers, even if they wanted to advertise only...
McLendon then filed a damage suit for $12 million against the big-league ball clubs under the antitrust laws. Two months ago, with losses running to $66,000 a month, he went back to Oilman Cullen for more money. Cullen lent him $175,000 and told him that was all. Last month, with .losses "getting a little silly," McLendon suspended all Liberty network operations. Last week in a Dallas court, three creditors filed bankruptcy proceedings against McLendon...