Word: antitrust
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...antitrust "conspiracy" as he described it was pretty subtle: there were no "Gary dinners," no tangible agreements between the defendants, not even any secrets-or not necessarily any. Nor was there any of the usual trustbuster's talk about a plot to gouge the consumer, no doubt because 6½? of the consumer's 15? for cigarets goes to the Federal Government v. about 5? to the manufacturer...
...hole was a lack in the law. Justice Felix Frankfurter on Feb. 3 handed down the Supreme Court's 6-to-2 opinion in the Hutcheson case. Effect of the ruling was that labor unions, except in exceptional cases, may not be prosecuted under antitrust laws, i.e., may freely continue practices ranging from restraints of trade to outright racketeering. The Hutcheson decision stamped an O.K. on such labor-union restraints of trade as these...
...businessmen getting their heads together as OPM is anxious to encourage it. Many a manufacturer trying to follow OPM's lead has imagined Arnold's hot breath on his neck. But last month Attorney General Jackson announced that OPM-approved industry committees would not be prosecuted under antitrust. By last week he had completed a further arrangement, which makes the Antitrust Division virtually an enforcement body for defense...
Henceforth OPACS, whenever it suspects illegal collusion on production, prices or patents, can use the Antitrust Division's bulging files. As soon as OPACS certifies a case, the Antitrust Division will investigate and prosecute at once. Thus businessmen working with each other and OPM to increase production can forget about the antitrust laws. But wherever collusion is hampering defense, the Justice Department will help OPM break production bottlenecks, help OPACS crack down on prices...
...Government attached
funds of the giant I. G. Farbenindustrie, German dye trust. Indicted
last winter with several U.S. companies for violating the antitrust
laws in the magnesium industry, officials refused to appear, contending
they were not doing business as a U.S. corporation. The Attorney
General claimed that the seizure (timed with expected receipt of
$250,000 due I. G. Farbenindustrie that same day for license fees from
U.S. firms) would compel the dye trust to appear before a U.S. court if it
wanted to protest, w