Word: antitrusters
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Dates: during 1940-1949
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...publisher who tries to compete with an established A.P. member has "a hard road to travel" before he gets into the A.P., "the chief single source of news for the American press," the court found. To get around antitrust laws, the A.P. incorporated itself under a New York state law which applies to hunting and fishing clubs. And, like such exclusive clubs, the A.P. practices the right of blackball. Once blackballed by a rival, an applicant's only recourse is to throw himself on the mercy of the A.P. membership, which is all too willing to logroll ("You vote...
...disclosures. The almost forgotten rearguard action which A. & P. has been fighting with the U.S. Government became front-page news again. Last week A. & P. and its public relations firm of Carl Byoir & Associates were sweating through a federal trial in Danville, Ill., charged with violation of the Sherman Antitrust Act. John Hartford, home in Valhalla, N.Y., sweated through a golf game, spluttered: "I'll have to talk to my lawyer...
...distaste for the limelight, Jules Stein got his name in the newspapers twice last week. In Manhattan, he took a firmer grip on Broadway by buying out Leland Hayward, play broker and actor's agent. In San Diego, he was charged in a civil suit with violating the antitrust laws...
...Georgia, rewritten the State's Constitution, cut the debt way down. Last June he set out after the biggest game of all. In a suit against the Pennsylvania Railroad Co. and 19 other carriers Governor Arnall charged that the railroads and some 60 other rate-makers have violated antitrust laws, discriminated against southern shippers. He charged...
...Court act as a rate-making body, a function which Congress has specifically delegated to ICC. But, said Justice Douglas: "If the alleged combination is shown to exist, the decree which can be entered will be no idle or futile gesture. It will eliminate . . . the collusive practices which the antitrust laws condemn. . . . It will supply an effective remedy." On this, the dissenting Justices, led by Chief Justice Harlan F. Stone, said sharply: "It seems obvious that this Court cannot give any effective relief . . . without breaking down rate regulation by the [Interstate Commerce] Commission...