Word: antitrusters
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Dates: during 1940-1949
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...antitrust division of the Justice Department has eyed the $200,000,000-a-year vitamin business coldly for months. Trustbuster Wendell Berge has focused his eyes on the scholarly, highly respectable Wisconsin Alumni Research Foundation. Through a handful of patents, the foundation exercises a schoolmaster's knuckle-whacking control over the industrial giants who turn out some $60,000,000 in synthetic vitamin D (the "sunshine vitamin") and related products every year...
High Prices. In Chicago's district court, antitrust intervened in a patent-infringement suit brought by the foundation. Last week antitrust charged that the foundation has conspired with 16 companies, including Standard Brands Inc., E. I. du Pont de Nemours & Co., Pet Milk Co., Parke, Davis & Co., to suppress competition in the manufacture & sale of vitamin D. They also, said antitrust, limited the potency of vitamin D used in the widely advertised "enriched" bread, milk and other foods, thus preventing such foods from competing with the regular vitamin-D products...
...star student, once passed a course on Poet John Milton with a grade of 95 after only a week's study. He got his law degree at the University of Michigan, gave up work in a Manhattan law firm as too dull, and went to the antitrust division in 1930. When Trust-Buster Thurman Arnold was promoted to the bench last year, the antitrust division seemed to quiet down. But not really: indictments came out as fast as ever and, under Wendell Berge, increased their global scope...
...complex problem of patents, whereby most cartels are forged, Berge is less precise. The antitrust division has no intention of a large-scale attack on the present patent laws. To help even up the tremendous advantage big business has over little business in research and invention, Berge has suggested a Government-financed bureau of invention whose discoveries would be available to all. But there is the bigger problem of the international exchange of patents-e.g., how can U.S. industry get the real benefits of foreign patents without trading their...
...such an interchange many a U.S. industrialist has found himself, willy-nilly, in a cartel. Berge favors registration of all such agreements with the antitrust division, thus giving it the power to annul them, if advisable, without court action...