Word: ftc
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Dates: during 1930-1939
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...message from President Roosevelt in April. Subject to approval by the House, after being rammed through over some serious Senate criticism, the N. E. C. will be composed of three Senators, three Representatives, an expert each from the Treasury, Justice, Labor and Commerce Departments, one each from SEC and FTC. The committee's province as set forth in the resolution sponsored by Wyoming's Senator O'Mahoney...
...York jewelry store named L. & C. Mayers Co. to "cease & desist" calling itself a wholesaler when most of its trade was done retail at non-wholesale prices-with people who were misled into thinking they were getting a bargain. Last week the Second Circuit Court upheld the 1935 FTC order. Immediately the National Retail Furniture Association started a drive to eliminate "gyp-wholesaling" in furniture. Perfectly legal, of course, remains the business of genuine wholesalers who occasionally retail goods at wholesale prices...
...Cracked down on the farm equipment industry as the Federal Trade Commission sent to Congress the first installment of a long report charging the eight chief farm equipment companies with monopolistic practices. Last year, FTC found, was the most prosperous for farm machinery since the War, partly because prices were kept artificially high even when farm prices fell below normal...
...under way the Federal Trade Commission investigation of the automobile industry. In charge was FTC Economist Dr. Francis Walker with $50,000 expenditure authorized...
...unfair trade practices, 24 of these were speedily agreed on and outlawed, the list ranging from defamation of competitors to tampering with speedometers. Only major point the dealers refused to concede was the price-fixing of trade-in values. This FTC is eager to forbid and may still do, but the dealers maintained that this stabilization of trade-ins was all that prevented ruinous price-wars...