Word: antitrusters
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...Carter later quipped: "Both sides said he was lousy-and I can't disagree with that.") Two days after the Plains visit, Nader introduced Carter at a Public Citizen forum in Washington, at which the nominee endorsed many of the ideas Nader has pushed for a decade: stronger antitrust enforcement, an end to the "sweetheart" arrangement whereby many federal appointees come to Government agencies from the very industries they are supposed to regulate, tax reform, and the need for a consumer protection agency...
...Pollack's small New York City law firm consistently wins the biggest money judgments in the nation. Yet Pollack and the four other young lawyers (average age: 31) who work with him do not handle the traditionally lucrative kinds of cases-personal-injury litigation, treble-damage civil antitrust suits, defending giant corporate clients. Ron Pollack is into food for the poor. For the past six years, his Food Research and Action Center has successfully fought Administration efforts to cut back federal spending on food for those who would otherwise have to do without. In the process, Pollack and FRAC...
Last week the companies settled the case without admitting any guilt. Each signed an FTC consent order in which it agreed not to indulge in any of the alleged antitrust practices. One clause forbids the collusive setting of auto-rental rates. Another bars any effort to persuade airport authorities to write into concession contracts requirements that smaller companies cannot meet...
Since the antitrust suit was filed, the Big Three have adjusted their prices to meet those of smaller competitors. In addition, FTC officials say, there has been a "fantastic" increase in the number of small car-rental companies that are winning concession rights in airports. Nonetheless, if the FTC finds reason to think that the Big Three are restricting competition at any time, it has a quick remedy. The new order includes a provision that forbids them to conspire to monopolize the business even outside airports-or face civil penalties of up to $10,000 per violation...
...itself, which has dominated the office typing business for the 15 years since the Selectric was introduced. This year IBM will hold an estimated 65% of the $600 million office electric typewriter market. The company's hegemony has drawn the attention of the Federal Trade Commission's antitrust division. Yet for the first time, IBM also faces competition from manufacturers who have learned that profits follow the bouncing ball. It has taken competitors as long as ten years to engineer their way past the thicket of patents that IBM erected around its invention. Since last summer, however, five...