Word: antitrusters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Person is currently representing a small group of auto brokers in a complex, $300 million antitrust suit against the big four automakers, many of their New York franchise owners, and some of the New York newspapers they advertise in. To help him match the resources available to such weighty opposition, Person asked.a federal judge to authorize two approaches guaranteed to horrify the bar: 1) the hiring of expert witnesses on a contingency basis under which they would be paid only if Person's clients won, and 2) allowing Person's clients to sell shares in the outcome...
...Hughes holdings to an overall audit; the results of that audit have been kept secret. The Hughes Medical Institute has continued to enjoy tax-exempt status though its small volume of contributions does not meet IRS regulations for tax exemption. When Hughes in 1970 was faced with an antitrust complaint for attempting to buy another hotel in Las Vegas, former Attorney General John Mitchell personally intervened on his behalf...
...calls. On transcontinental flights, four to six seats were always blocked off for him even though he almost never used them. After Hughes' failure to raise the money for TWA's jet fleet, he lost control of the airline, and the new management hit him with an antitrust suit. Hughes won it in the U.S. Supreme Court. By that time, however, he had sold his huge bloc of TWA at a moment when the market was very high. He got $546 million, but he regretted losing TWA. "It's not mine any more," Hughes would...
...specially treated paper. In 1970, however, IBM came out with a plain-paper copier of its own, touching off a still unsettled suit by Xerox that charges 22 infringements of its patents. Last year Xerox assured itself of still more trouble by deciding not to fight a longstanding Government antitrust suit and instead signing a Federal Trade Commission consent decree, under which it agreed to share technology with competitors...
Unlike the liberals, Carter has not called for curbing the independence of the Federal Reserve Board, though he mildly complains about its tight money policies of the recent past. He favors more vigorous antitrust action but, in contrast to Birch Bayh, Mo Udall and Fred Harris, he does not call for totally breaking up the big oil companies. In his opinion, they should be forced to sell off their coal and uranium production operations, and to choose between being in either the "retail" (gas stations) or "wholesale" (exploration, drilling and refining) end of the business...