Word: antitrust
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Ever since the Department of Justice slapped Du Pont with an antitrust suit last June, the corporation has been quietly taking its case to the country. Its executives have made speech after speech at luncheons and dinners. Last week, as he rose to address 300 newsmen at Washington's National Press Club, Du Pont President Crawford H. Greenewalt got a chance to let the Justice Department have it at close range. Just seven places down the speaker's table sat Assistant Attorney General Herbert Bergson, boss of the Justice Department's antitrust division...
...Bergson smiled self-consciously, Greenewalt ripped into the department: "We have had on our books for many years the Sherman antitrust law. The Du Pont Company is ... heartily in favor of that law . . . Unfortunately . . . the ideology of enforcement is left to the shifting winds of political thought . . . Business frequently finds itself attacked for acts done many years ago in all good faith and with the best legal advice available...
Last week the Department of Justice filed a civil suit against the Lorain Journal and the Horvitz brothers for conspiracy to monopolize the dissemination of news, advertising and other information. It was the first antitrust action charging a newspaper with seeking to injure a competing radio station. Besides refusing ads, the Journal was accused of trying to persuade employees of WEOL to quit, and of making a deal with an Elyria paper not to circulate or solicit ads in Lorain...
...made no recommendations on what should be done about the trend to bigness. But Committee Chairman Celler thought that the antitrust statutes should be tightened up. His subcommittee will take testimony from Government bureaus, labor leaders and industrialists for the remainder of the year, and will probably have a fresh batch of antitrust legislation ready for Congress next January...
Hoover's men were trained to physical fitness, but spent most of their time digging through the dusty files of bankruptcy and antitrust cases. They had no power of arrest, no authority to carry guns...