Word: antitrusters
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...Holders of such cards are mainly cost-conscious families who are more likely to want to spurn their cards in favor of a discount for paying cash on a major purchase, say, of furniture. Rather than just wait to see what will happen next, Consumers Union is pursuing another antitrust suit against a member bank of the BankAmericard system...
...President Nixon made 21 requests of his staff for "specific action relating to what could be considered unfair news coverage." As a result, presidential aides reviewed methods for dealing with "the media and anti-Administration spokesmen." Jeb Stuart Magruder, then an aide to Chief of Staff H.R. Haldeman, recommended antitrust action and threats of tax audits as weapons. Former White House Aide Franklyn ("Lyn") Nofziger was more imaginative according to the memo, "suggesting the 'licensing' of individual newsmen, i.e., the air waves belong to the public, therefore the public should be protected from the misuse of these...
...lines, along with Alitalia, have been considering a pooling of equipment and passengers on international flights. Pan Am applied last month for permission to discuss such an arrangement, and the CAB approved it last week. But the Justice Department formally objected on antitrust grounds; the subsidy applications promptly followed. CAB Chairman Robert Timm has expressed public support for the idea of federal financial assistance to U.S. international airlines to help them pay for excessive fuel costs, and legislation is pending in Congress to provide exactly that assistance. The only alternative appears to be outright nationalization...
...however, AMPI executives were having second thoughts about their generosity to Nixon's campaign. Consumer Advocate Ralph Nader had brought suit in Federal District Court in Washington that January, contending that the hike in milk-price supports had been illegal. A week later, the Justice Department filed an antitrust suit in Federal District Court in Kansas City, Mo., charging the cooperative with unfair trade practices, including price fixing. Upset by the course of their political activities and the resulting publicity of both suits, the AMPI asked Nelson to resign as general manager...
...first acts of his successor, George Mehren, 60, onetime Assistant Secretary of Agriculture, was to try to persuade Nixon associates to get the Justice Department to drop the antitrust suit. In an answer to a questionnaire from Senator Sam Ervin's Watergate committee, former AMPI Secretary Dwight I. Morris claimed to have evidence that Mehren offered Nixon Attorney Herbert W. Kalmbach another $300,000 in campaign funds if the suit were dropped. According to Morris, Kalmbach refused the offer because of the controversy raging over the Administration's antitrust settlement with...