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...then it was legal under the Robinson-Patman Act. "The heart of our national economic policy long has been faith in the value of competition," wrote Justice Harold Burton for the majority. "Congress did not seek by the Robinson-Patman Act either to abolish competition or so radically to curtail it that a seller would have no substantial right of self-defense against a price raid by a competitor . . . The seller may well find it essential, as a matter of business survival, to meet the price rather than lose the customer." The Supreme Court gave orders for FTC to determine...

Author: /time Magazine | Title: GOVERNMENT: A Matter of Survival | 1/22/1951 | See Source »

...December 21, Walter Brown, president of the Garden-Arena Corporation, announced that the expense of refrigerating the two ovals might make it necessary to curtail or even eliminate all college practice and most college games in the '51-'52 season, and to throw out all high school hockey. Expansion of a union among Garden and Arena employees has led to an expense of nearly $1,000 per day to keep ice in both buildings on a 24-hur schedule...

Author: NO WRITER ATTRIBUTED | Title: Garden-Arena May Curtail College Hockey Next Season | 1/5/1951 | See Source »

...Pudding's show, "Buddha Knows Best" will open December 26 at Hunter College Auditorium instead. Besides changing its location, the Pudding also will have to curtail its run to four instead of six days...

Author: NO WRITER ATTRIBUTED | Title: Union Makes Pudding Alter New York Plans | 12/9/1950 | See Source »

Instead of such blinders on the economy, Leffingwell suggested that government try "self-control-the most difficult of all controls for government to exercise." Federal, state and local governments should "rigidly curtail their own demands . . . for purposes not related to defense...

Author: /time Magazine | Title: Business & Finance: Freedom Road | 11/20/1950 | See Source »

Accelerating the rise in productive capacity is even more important today than the problem of stopping inflation, Slichter feels. As a result he is strongly dedicated to any mobilization steps which will encourage investment and technological research. One of his strongest convictions, therefore, is that the draft should not curtail the training of young scientists...

Author: By Douglas M. Fouquet, | Title: American Economy Can Beat Russia | 10/18/1950 | See Source »

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