Word: antitrusters
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Last week, as the full story of Henry Welch's career unfolded before Senator Estes Kefauver's antitrust subcommittee, it became clear that the guardian of public interest in antibiotics also had a personal stake in the matter. Over the years Welch had pocketed $260,766, derived, in one way or another, from the interests he was sworn to regulate...
...most upsetting member of the Eisenhower Administration is a 32-year-old trustbuster who acts more like a New Dealer than might be expected of a Republican. He is Robert Alan Bicks, nominated last week as the youngest Assistant Attorney General ever to head the Justice Department's Antitrust Division. As acting boss last year, Bob Bicks filed 63 criminal and civil antitrust cases against U.S. business, largest number of antitrust suits since the heady days of the New Deal...
...laude from Yale in 1949, he went to Yale Law School, became Comments editor on the Yale Law Journal. His work attracted another Yaleman and onetime Comments editor: Herbert Brownell, then Attorney General, who needed a bright young man to help him with a newly appointed committee on antitrust laws. Bicks took the job in 1953 and discovered that antitrust work was precisely what he wanted. "One of the few absolute personal values I have is diversity of experience," says Bicks, "and antitrust work is damned diverse...
BICKS was soon a top assistant to Stanley Barnes, who headed the Antitrust Division. When Barnes left, Bicks became first assistant to a new head, Victor Hansen. Straw-bossing the department's 470-odd lawyers, clerks and economists while preparing and arguing the big cases himself, Bicks was the obvious choice ,for department chief when Hansen quit last year, and is not likely to have much trouble getting congressional approval. One fact that impresses Congress: his reputation for aggressive honesty. Says Bicks: "There is a certain luxury in not being talkable-to about a case. I make it clear...
Bicks hopes to change the antitrust laws as well as enforce them. He would like to provide tax relief for stockholders who, in such antitrust cases as the G.M.-Du Pont divorce, are forced by the courts to sell their shares. He also wants legislation to force corporations to hand over their records in civil as well as criminal cases. At present, antitrust lawyers must grope half-blind before trial, guessing what documents contain, or else stretch the law to make criminal charges. Such legislation, he argues, would enable the trustbusters to make a more rational decision on whether...