Word: antitrusters
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Dates: during 1960-1969
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Word leaked out last week that a new game, donated to the inmates' recreation room at Montgomery County (Pa.) prison, had arrived simultaneously with the electric-company price riggers, who were convicted in February's antitrust case. The donor: James B. Carey, prickly president of the International Union of Electrical Workers. The game: Monopoly...
...didn't expect to get caught. I went to great lengths to conceal my activities so I wouldn't get caught." So, last week, explained a witness before the Senate Antitrust and Monopoly subcommittee as it opened hearings into the shenanigans that led to the conviction of 29 electrical-equipment companies on charges of illegal price fixing. Judging by the speaker-General Electric's L. B. Gezon, former marketing manager of the low-voltage department-and nine other lower-echelon executives, the real fear was not of wrongdoing but of being caught...
PHILADELPHIA Antitrust Lawyer William L. Maher, 52, who helped convict 29 electrical companies of price fixing, will become officer of one of the convicted firms, Chicago Joslyn Manufacturing & Supply Co. His duties: to guide Joslyn's antitrust compliance program...
...troubles is the fall-off of dealers, mostly among "duals" who handled the Lark along with other makes until other automakers brought out their compacts. Some dealers began to drop the Lark, but Studebaker thought Chrysler Corp, went too far. Studebaker prodded the Justice Department into filing an antitrust suit charging Chrysler with pressuring dealers who were selling the Lark to drop it or not get the Valiant franchise...
...Frontier's savvy liaison man with the outgoing Administration, Washington Attorney Clark Clifford was hired last week by the General Electric Co. Duty of the onetime top Truman brain-truster: advising the company on the multi-million-dollar damage claims resulting from February's antitrust convictions...