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...final flurry of activity on the last business day of the Johnson Administration in 1969, the Justice Department initiated one of the most sweeping antitrust suits since the forced breakup of Standard Oil Co. in 1911. In it, the Government charged that International Business Machines Corp. exercised such overwhelming power in the burgeoning data-processing field that genuine competition was impossible. The case has droned on fruitlessly since then; federal prosecutors have been forced to sift through 27 million documents provided by IBM in its defense. Last week, in response to a court order demanding that it spell out precisely...

Author: /time Magazine | Title: ANTITRUST: The Specter of I, B and M | 10/30/1972 | See Source »

...wrote and starred in a Broadway hit play about a recently divorced nebbish with an acute inability to score. The show, not surprisingly, coincided with the breakup of his marriage to Louise Lasser. Play It Again. Sam-even brighter in the film than onstage-features the visible shade of Humphrey Bogart in Casablanca, plus several unseen ghosts. "I never had a teacher who made the least impression on me," Woody says. "If you ask me who are my heroes, the answer is simple and truthful: George S. Kaufman and the Marx Brothers." In Play It Again, Sam, they...

Author: /time Magazine | Title: Woody Allen: Rabbit Running | 7/3/1972 | See Source »

...think he knew how to do anything." Bremer impressed her as "weird" and "childish" by insisting that they talk about her "hang-ups." One hang-up was her refusal to accompany him to pornographic movies. "He really needed some kind of love," she says of their breakup, "but it wasn't going to come from...

Author: /time Magazine | Title: The Nation: The Making of a Lonely Misfit | 5/29/1972 | See Source »

...world's most famous trademarks is Esso. It is used by Standard Oil Co. (New Jersey) in foreign countries and many parts of the U.S., where Esso is the trademark of the domestic operating arm, Humble Oil and Refining Co. Trouble is, legal restrictions following the 1911 breakup of the old Standard Oil trust have barred Humble from brandishing the Esso name in 20 states. In parts of the South and West, the company uses the label Enco, or, in Ohio, Humble...

Author: /time Magazine | Title: MARKETING: On with Exxon | 5/22/1972 | See Source »

...there are also subsidiaries of subsidiaries of subsidiaries, or sub-sub-subs. -Columnist Joseph Kraft nevertheless insisted last week that the Administration genuinely feared in the spring of 1971, when the economy and a number of overstretched Wall Street brokerage houses were in trouble, that an ITT-Hartford breakup would have hurt the economy badly enough to damage President Nixon's political stature...

Author: /time Magazine | Title: CORPORATIONS: ITT's Big Conglomerate of Troubles | 5/1/1972 | See Source »

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