Word: antitrusters
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Dates: during 1940-1949
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...some operators it seemed like a good idea, but the big Northern bloc did not agree. Efficient operators would be unfairly penalized, they argued. Beyond that, their connivance might put them in violation of the antitrust laws...
Last week, the grand old man resigned as production chief of Fox, now will spend all his time on his 364 theaters. Although Fox President Spyros P. Skouras refused the resignation, it was almost sure to go through. Joe's move was in preparation for a Government antitrust order which is expected to direct Fox to divorce its production and distribution activities from its theater operations...
...Congress, federal fair-trade laws also were under attack. Brooklyn's Democratic Congressman Donald L. O'Toole introduced a bill to repeal the Miller-Tydings Act of 1937, which permits states to pass price-fixing laws that might otherwise violate the federal antitrust...
...then brought a $300,000 damage suit charging the Giants, the major and minor leagues, and Commissioner Happy Chandler with violating the antitrust laws. His lawyers claimed that he had been denied his livelihood by the reserve clause in his contract with the Giants; the injustice in the clause, they said, was the binding of a player to a club for the entirety of his baseball life. In February, the U.S. Court of Appeals returned the case to a lower court, voting 2 to 1 in favor of Gardella's charge of "peonage...
Exempted from the antitrust law by a 1922 ruling that it was not engaged in interstate commerce, big baseball has wasted little worry--until now--on the reserve clause. As Chandler put it, the members of the $5000 to $100,000 income brackets can hardly be called peons. In recent years, however, the national sport has received more and more of its income from radio and television. As such, it has now come within the jurisdiction of the interstate commerce laws. And the minor league wages still remain low; Chandler's statement obviously did not include minor leaguers whose paychecks...