Word: antitrusters
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Electric Shock. In California, the U.S. Department of Justice named General Electric, Westinghouse and eight smaller electric companies in civil and criminal indictments. The charge: violating the antitrust laws by fixing prices of electrical equipment in the Far West...
President Truman himself had done little to clear the air. At his weekly press conference, he denounced a Republican proposal to relax antitrust laws and permit voluntary price agreements. He was apparently ignorant of the fact that a similar provision had been written into an Administration bill already submitted to Congress...
Could the U.S. Department of Justice force Canadian companies to show their books for an antitrust law investigation? The Department thought it could, so long as it suspected them of being subsidiaries of U.S. concerns. Last March, when seven Canadian newsprint concerns refused to hand over their records, the Justice Department served their U.S. representatives with subpoenas. Cried many a Canadian: "A violation of sovereignty...
Said Attorney General Tom Clark: "This case is one of the largest and most important in the history of the antitrust laws." Said the accused: "Utter nonsense," "fantastic," "ridiculous." With such give & take, the long-heralded battle between the Government and Wall Street's investment bankers was finally joined last week. Thanks to newspaper stories that "leaked out" to Washington reporters in the last month, Wall Street was not surprised by the civil suit filed in a New York district court by the antitrust division of the Department of Justice. It charged 17 of the biggest U.S. investment banking...
...crusade swung into its third week, the antitrust division had lost none of its fervor but some of its bounce. It brought action against the National Association of Real Estate Boards and its local Washington chapter, charged them with fixing brokerage fees and thereby contributing to the high cost of houses. But the charge did not carry any threat of jail sentences...