Word: antitrusters
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Dates: during 1940-1949
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Clean Sweep. In 1938, the antitrust division of the Department of Justice set out to end such tie-in sales. It filed suit against Paramount, Loew's Inc.(M-G-M), RKO, Warner Bros, and 20th Century-Fox to have block booking declared illegal. But in the labyrinth of deals and counter-deals in Hollywood, the antitrust division found that it had to go farther. The same suit named Columbia, United Artists and Universal. It buttressed its case with suits against Griffith Amusement Co. (with theaters in 85 towns in Oklahoma, Texas and New Mexico) and the Stanley...
...years Hollywood stalled off judgment day by consent decrees (which later lapsed) and legal shadow boxing in the lower courts. But last week, when the final decisions in four cases came in the Supreme Court, antitrust won almost all its points. The court...
...Tough. One important point was not quite decided. The lower court had carefully sidestepped the antitrust division's principal demand: force the producing companies to sell their theater holdings and divorce themselves entirely from film distribution. Instead the lower court merely ordered the companies to 1) stop buying theaters and 2) give independents a chance at first crack at topflight pictures by auctioning them off through competitive bidding. That order, said the Supreme Court, failed to strike at the core of the present cases. It sent the decision back to the lower court for a tougher ruling. To many...
...considering the Dreft slogan. It was accused of having its closets full of dirty linen. In a Manhattan grand jury indictment, the Government charged that 1) the company was a front for the German soapmakers, Henkel & Cie.; 2) Hyalsol had dodged $500,000 in taxes. It was, trumpeted antitrust lawyers, "one of the largest and most cleverly operated frauds against the Government ever uncovered...
...with the Old. Last week, the U.S. Supreme Court declared the cement industry's basing point system illegal. It upheld the Federal Trade Commission in its eleven-year-old antitrust suit against the Cement Institute and its 74 member companies. Said the Court: "[The system is] a handy instrument to bring about elimination of any kind of price competition." In fact, said the Court, cementmakers had used the system to suppress competition by 1) boycotts, 2) price cuts (against plants refusing to play ball), 3) identical bids to cement users, and 4) opposition to the building of new plants...