Word: antitrust
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Bitterly fought by the A. M. A. for nearly a year, G. H. A. doubled its membership, was declared acceptable by the District of Columbia Medical Society, A. M. A. subsidiary, after Assistant Attorney General Thurman Wesley Arnold began antitrust proceedings against the society three months...
...Tentatively ended two antitrust suits. The Department of Justice for the second time (TIME, Nov. 22) had charged that Ford Motor Co., Chrysler Corp. and General Motors Corp. compelled their dealers to finance purchases through manufacturer-affiliated finance companies. Last week the Department tentatively accepted a consent decree under which Ford and Chrysler agree to discontinue certain practices. General Motors is expected to fight the indictment in court November...
...soon adopted by everyone, dropping the price from $1.22 to about $1.02, the first general cut since NRA. Thus brought into the open was a paradox which may knock the complex proration system galley-west: an efficient method of controlling production has been worked out, but since the Federal antitrust suit against the oil industry at Madison, Wis. last year, there has been no way of stabilizing the price or the quantity of refined petroleum...
...that there is reason to believe Depression II has turned the corner, nothing is of more importance to business than the Government's drive to reshape the antitrust laws. Last week, as the Monopoly Investigation sharpened its pencils and Big Business received a thumping endorsement from the Brookings Institution (see col. 3), the Federal Trade Commission polished off a two-year investigation of the farm-equipment industry by proposing a major change in the 24-year-old Clayton Anti-Trust Act. This product of the first trust-busting era made it illegal for one company to purchase the capital...
...work will have two aims. A legal division will for the first time summarize in one book all State and Federal antitrust laws, fair-trade laws, laws on advertising, on trademarks, on chain stores, on co-operative marketing. An economic division will try to find what effects these laws have upon consumer costs, distribution, chain-store growth, etc. In charge is lean Augustus Heath Martin Jr., who was successively sales-promotion and wholesale manager for Chrysler and Willys-Overland and southeastern manager for Union Bag & Paper Corp., joined the Administration as coordinator for the National Bituminous Coal Commission. He first...