Word: antitrusters
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...report examines the extent of regulations in the form of antitrust actions over the past 20 years, under Eisenhower, Kennedy, Johnson and Nixon. Those Government officials who come under the heaviest attack for their antitrust laxity are Nicholas deB. Katzenbach, A???orney General under Johnson, and his assistant in charge of the Antitrust Division, Donald F. Turner...
Green cites at least two instances in which Turner neglected to take "appropriate" antitrust actions...
...ANTITRUST. The feeling is growing in the Administration that bigness is not badness but may well be a virtue in helping the U.S. to sell to the world. According to the current thinking, only one or two companies may be necessary in some industries. In others, mergers would help smaller producers grow bigger-and better able to meet the foreign challenge. Some men in Nixon's inner circle argue that the Sherman and Clayton antitrust acts were written for a different, simpler age. There may soon be a high-level call for a relaxation of antitrust rules and procedures...
BRADSHAW: The U.S. operates with a huge albatross around its neck, and that is the albatross of its traditions. They are the traditions that brought about our antitrust laws and created the private enterprise system and made it anathema for anyone around this table to talk about the benefits of a corporate state. But that is what Japan is today. I would hope that we will consider today what it means to have national goals with industry and government working hand in hand toward those goals. Look at my industry, oil. I have been struggling to get a national energy...
WRISTON: I am not sure that we should throw away the benefits of free trade because at the moment we haven't found the levers of power to pull to compete against Japan. To remedy our present problem, we will have to examine many things: our antitrust policy, our policy of excluding unions from antitrust legislation, our tradition of the natural antipathy of business and Government. The way to fix our problem is not through an escalating trade war but through opening up markets of the world to more goods. Protectionism is a losing game any way you play...