Word: antitrust
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Hollywood, waiting tensely for the trip to the operating room, heard the clink of the amputation tools. When the Supreme Court held Hollywood's major studios guilty of violating the antitrust laws (TIME, May 17), it sent the case back to the lower court for a tougher ruling on how the studios should divorce themselves from their theater chains...
...closer election day drew, the busier the Department of Justice's antitrust division became. Last week, on the heels of its suit against the Big Four meat packers (TIME, Sept. 27), the trustbusters went after two oldtime targets, the Aluminum Co. of America and E. I. du Pont de Nemours...
...York, antitrust asked the U.S. district court to force Alcoa to reduce its power and size-without specifying...
...Chicago, the trustbusters launched a federal grand jury investigation to determine if Du Pont had violated antitrust laws in its stock ownership or dealings with General Motors Corp., U.S. Rubber
Such anachronisms did not bother antitrust's busy boss, Assistant Attorney General Herbert A. Bergson. His department had $3,400,000 given by the last Congress, more money than it had ever had. With it, Bergson predicted last week that he would outbust Trustbuster Teddy Roosevelt, who had gone after Du Pont in 1907. Said Bergson: "We have a lot more cases in the mill than they had then...