Word: contractive
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Dates: during 1950-1959
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...Cause. G.E. had been leading a lost cause ever since 1952, when the federal McGuire Act legalized Fair Trade laws. In Fair Trade states, manufacturers, exempted by the McGuire Act from antitrust prosecution, were permitted to fix minimum prices for an entire state so long as they signed a contract with one dealer; all others were bound, whether they signed or not. Yet no sooner were the laws on the books than retailers started breaking them, cut prices far below company minimums. In five years G.E. alone spent almost $5,000,000 tracking down violators, brought suit against more than...
...Grille, formerly operated by the University Dining Halls, was placed under student control last Sunday night, Burke said. In agreeing to the change, the Dining Halls signed a contract to provide the food for the Grille, but relinquished its rights to the profits, which will go to the students...
...hunger had urged her into secretarial school, she caught the down-at-heel act of George Burns (real name: Nathan Birn-baum). George promised to feed her, even became her foil when Gracie got all the laughs. They were married in 1926. Six years later they landed a CBS contract and have been on the air ever since...
...Under a complex NBC contract, Berle is guaranteed an average $60,000 a year for the next 23 years. All he must do in return is make half a dozen more guest appearances...
...Free Press was founded in 1947 after I.T.U. printers lost a contract battle with Colorado Springs' evening Gazette Telegraph (25,417), owned by hidebound Raymond Cyrus Hoiles (TIME, July 15), whose radically right-wing views fall just short of anarchy. Since last October Editor-Publisher Edward J. Byrne has fired 42 of 117 staffers (including five printers), Byrne warned last week that the paper is still in the red, will be folded if it is not in the black...