Word: antitrusters
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...House they spent most of last week moping through an old argument over the OIC bill for the spread of U.S. culture and ideals (TIME, April 14). On the floor, Senators spent their time in tedious debate over the Bulwinkle-Reed bill, which would exempt railroads from antitrust regulations. That is, the Senators who were there did. Attendance was seldom above 15; one day, the only audience Alabama's John Sparkman had was Maine's tired old Wallace White...
...companies are unofficially rationing their fuel-oil dealers and refusing to take any new customers. Last week they asked the Department of Justice to promise immunity from antitrust laws if they limited all dealers to their 1946 quotas plus 10%. The balance would go to the military and Government. The Department refused, saying it could be done without immunity...
Rather than have their British profits reduced, many cinemoguls would prefer to see Rank make more money in the U.S. Though he is competing with the U.S., the competition has sometimes seemed so friendly that the antitrust division of the Department of Justice has cocked a suspicious eye at monopoly-minded Mr. Rank. As he said: "In my heart I have a great desire to cooperate with our American friends." And one of the friends has said: "We aren't looking for a fight. We want something like a marriage...
...Buster. Assistant U.S. Attorney General John Francis Sonnett ended a Justice Department guessing-game last week by taking over as antitrust chief from Wendell Berge, retiring to enter a Washington law firm. His successful prosecution of the John Lewis contempt case made him the Justice Department's brightest star. Handsome, young (34) John Sonnett likes tough, tricky cases. He will have plenty-44 of the U.S.'s biggest corporations are defendants in pending antitrust suits...
...Encourage new press ventures, new techniques, maintain competition through the antitrust laws, but use those laws sparingly to break up big units; and see to it that "necessary" monopolies operate in the public interest...