Word: antitrusters
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...often regarded him as an anti-business radical. Actually, he was dedicated to reasserting the force of a free market, which he felt had been curtailed by the economic power of a handful of huge corporations. From 1957 until 1970, Blair was chief economist of the Senate Subcommittee on Antitrust and Monopoly, and helped expose price fixing and questionable interlocking relationships in the drug and petroleum industries...
...Post (circ. 500,000), than he was making a surprise bid to buy control of the New York Magazine Co. New York Founding Editor Clay Felker, meanwhile, canvassed millionaires around the world for help in fighting the takeover attempt, and even asked the Justice Department to examine the antitrust implications of the whole affair. After a pageant of dramatic late-night board meetings and a spirited ballet of lawyers swirling into court, however, New York magazine finally got a new master?and America a new press lord...
...election to the Senate, Hart was alternately attacked and applauded for his progressive leadership. He served as floor manager for the Voting Rights Act of 1965 and the 1968 Civil Rights Act, as a sponsor of almost every major consumer bill, and as a vocal advocate of federal antitrust legislation. Called the "liberal's liberal," he had a gentle good humor and moral integrity that won him the admiration of his most conservative foes. Hart did not run for re-election this fall because of ill health and because, he said, Washington needed new faces and new ideas...
Officials of the Justice Department's antitrust division could not recall any other boss of so large a business who wound up in prison. But if Stanley Baker, head of the antitrust division, gets his way, Brown's case will be no fluke. Under Baker, a record 90 grand juries around the U.S. will probe charges of price fixing in various industries. Baker, as one of his assistants notes, sought the sentences against the carton executives "to drive home the point that price fixing is a serious crime." The clear implication: some other executives could join...
...blacklisted firm. In that way, American companies are pressured to discriminate against other American companies. Compliance with such requests may be morally reprehensible, but its legal status is murky. No U.S. law specifically forbids it, but the Government contends that complying with the blacklist may violate the Sherman Antitrust Act by restricting competition. Its contention has yet to be ruled on by the courts...