Word: antitrusters
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Dates: during 1940-1949
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...closer election day drew, the busier the Department of Justice's antitrust division became. Last week, on the heels of its suit against the Big Four meat packers (TIME, Sept. 27), the trustbusters went after two oldtime targets, the Aluminum Co. of America and E. I. du Pont de Nemours...
...York, antitrust asked the U.S. district court to force Alcoa to reduce its power and size-without specifying...
...Chicago, the trustbusters launched a federal grand jury investigation to determine if Du Pont had violated antitrust laws in its stock ownership or dealings with General Motors Corp., U.S. Rubber
...facts are presented." The packers thought that Clark would have trouble making his charges stick. Eleven times in 50 years the Government had sued the big packers; it had won only twice. A year ago a federal grand jury in Chicago failed to indict the packers on an antitrust conspiracy after an investigation requested by Clark...
After an eight-year court battle with the antitrust division, the American Optical Co. and Bausch & Lomb Optical Co., makers of eyeglasses and frames, and 34 other companies gave in last week. They agreed to stop practices which the Justice Department considered monopolistic and illegal. They also agreed to license their patents to other manufacturers, promised not to enter into any price-fixing agreements, acquire no further wholesale subsidiaries for the next ten years...