Word: antitrusters
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...Heard Pepe Figueres, long a critic of the U.S.-owned United Fruit Co.'s operations in Costa Rica, passionately defend the firm from a pending U.S. Department of Justice antitrust suit. Figueres argued that United Fruit's "bigness . . . has led to the stability of our banana production...
...Kansas City Star, it was a bitter piece of news, but the Star gave it unflinching play. Atop Page One ran the headline JURY FINDS THE STAR GUILTY. In the biggest antitrust criminal suit ever brought by the Government against a U.S. newspaper (TIME, Feb. 14 et seq.), the jury in Kansas City's U.S. District Court found the afternoon Star and its morning edition, the Times, guilty of using combination ad and circulation rates to create a monopoly in the "dissemination of news and advertising in the Kansas City area." Maximum penalty for the Star...
After Roberts finished, Star lawyers moved that the Government's case be dismissed. But Judge Duncan ruled that the case should go to the jury. This week the jury gets a chance to decide the biggest criminal antitrust suit ever filed against a U.S. newspaper by the Government...
When the Government began a criminal antitrust suit against the Kansas City Star Co.. President Roy Roberts called the indictment a "shotgun" blast. Last week, in Kansas City's U.S. District Court', President Roberts, 67, got a chance to fire back. He was the chief defense witness against Government charges that the Star and its morning edition, the Times, used their monopoly position to kill competition and keep their own circulation and ad rates high (TIME, Feb. 14). On the witness stand Roberts testified that the papers' success was the result of "efficient management," not monopoly...
...when the National Recovery Administration fixed prices to halt price cutting in the fight for a limited market. In 1937 the National Association of Retail Druggists, a powerful lobby of 36,000 retailers and drug manufacturers, pushed the Miller-Tydings Act through Congress to open a loophole in federal antitrust laws so that state legislatures could legalize the fixing of minimum prices. By the end of 1941, druggists and other small retailers had pressured 45 states to pass Fair Trade laws. Most states required all merchants to abide by a manufacturer's price minimum if one retailer agreed...