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...Manvilles sold control to J. P. Morgan, J-M's employes felt they had been sold down the river. Today, not only have the 10,000 workers forgotten this grievance but their company has acquired a position in the public eye as a model Big Business. Despite antitrust, anti-bigness, anti-Morgan sentiment, it alone of Big Business was held up by Chairman Joseph O'Mahoney of the Monopoly Committee as an example of enlightened management...

Author: /time Magazine | Title: PUBLIC RELATIONS: Corporate Soul | 4/3/1939 | See Source »

Loewe & Co., because of the boycott, charged 240 Danbury hatters with conspiracy in restraint of interstate trade under the Sherman Antitrust Act, won a verdict for triple damages. Lest the defendant hatters lose their homes and savings, A. F. of L.'s Sam Gompers asked all Federationists to chip in an hour's pay, and eventually settled the judgment for $251,000 including damages...

Author: /time Magazine | Title: LABOR: Hatters & Hosiers | 3/27/1939 | See Source »

...designated watchdog of the Sherman and Clayton antitrust acts for 24 years, FTC has had more experience coping with monopoly than any other Government agency, seldom lets a week go by without cracking down on at least one corporate offender. Last week, prefacing a review of FTC's dealings with steel, milk, artichokes, cheese, liquor, fish, poultry, Mr. Ballinger stuck pretty much to generalities. His main point turned out to be the familiar FTC complaint that it has been unable to limit the growth of monopoly because the Clayton act forbids only corporate combinations through stock purchase, does...

Author: /time Magazine | Title: THE GOVERNMENT: Monopolion | 3/13/1939 | See Source »

...Trust Buster Arnold nevertheless argued that "the purpose of the anti-trust laws will be furthered if advertising is limited to its proper function of building up consumption. . . ." How this limitation was effected in the Ford and Chrysler cases was readily apparent in Mr. Arnold's announcement that "antitrust prosecution will not be compromised upon mere agreement to cease the practices complained...

Author: /time Magazine | Title: Business: Important Precedents | 11/21/1938 | See Source »

...cities bought West Tennessee Power & Light Co.'s distributing facilities; 3) in Collier's, Secretary of the Interior Harold Ickes predicted the doom of privately owned utilities if they continued their "blind and headstrong course"; 4) the Department of Justice filed an antitrust suit against Columbia Gas & Electric Corp., accusing that big holding company of "conspiring to monopolize" the natural gas industry in Ohio, Michigan, Kentucky and West Virginia...

Author: /time Magazine | Title: THE GOVERNMENT: Two-Price Plan | 11/14/1938 | See Source »

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