Word: antitrusters
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...swell for Bobby, but it seemed anything but nice to Lyndon. The fact was that the President was dead set against Kennedy. He had his reasons. To many businessmen, whose votes and dollars Lyndon needs, Bobby is the suspect symbol of Government intervention. His name conjures up memories of antitrust actions, grand jury investigations, and the heavy hand of Government in the U.S. Steel confrontations...
...Paul Rand Dixon, another Tennessee lawyer and former antitrust investigator for Senator Estes Kefauver, has become a noisy but erratic defender of the little consumer...
...Hazel's bottles were not in separate industries but were all part of the "competitive overlap" in the packaging market. > In a highly concentrated industry, a large company may not acquire a relatively small competitor. A month ago, the court held that Aluminum Co. of America violated antitrust laws by its 1959 acquisition of the Rome Cable Corp. Rome had only 1.3% of the aluminum cable market v. Alcoa's 27.8%. But Associate Justice William O. Douglas, writing the 6-3 majority opinion, applied a principle used in recent anti-merger decisions: "If concentration is already great...
Justice Department lawyers boast that they have not lost any important antitrust case since 1953, and U.S. Solicitor General Archibald Cox has a string of 15 straight Supreme Court victories. "If I were in private practice," says a trustbusting lawyer, "I would advise my clients in concentrated industries that nearly any merger undertaken today is apt to be challenged successfully unless cleared with us beforehand...
...major U.S. manufacturing company-U.S. Industries Inc., producer of automation equipment, with 1963 sales of $96 million. He is a partner in the Manhattan law firm that handles U.S. Industries' labor matters. A star halfback and Phi Beta Kappa student at Cornell, he later served as antitrust counsel to the House Judiciary Committee, became a campaigning Republican, and in 1959 was appointed a judge in New York City. As trim as a college athlete, Pierce still finds time to teach a law course at New York University; last January he argued a civil rights case before...