Word: ftc
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Dates: during 1950-1959
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PAPER MERGER of Long-Bell lumber empire with huge International Paper Co. is being challenged by Federal Trade Commission. FTC complains International is already world's biggest papermaker (1955 sales: almost $800 million), would lessen competition, tend to monopoly in Western states by adding Long-Bell, which is second largest lumber producer in Pacific-Northwest, one of top U.S. plywood producers. But deal, with International paying $117 million in stock for Long-Bell, can be halted only if FTC hearing next February produces stop order...
ANTITRUST COMPLAINTS are being filed by Federal Trade Commission against three of the biggest U.S. dairies (National Dairy Products, Beatrice Foods, Borden Co.) charging they eliminated competition by acquiring 251 smaller dairies since 1951. FTC also is investigating several grocery chains...
Last week the Federal Trade Commission, admonished by the U.S. Senate to watch more closely for "false and misleading" TV advertising, announced that it would begin monitoring radio and TV commercials for the first time (heretofore the FTC has merely scanned scripts picked at random...
Probably the bitterest battle is being fought between Carter's Little Liver Pills and the FTC. Since IQ43 the commission has been after Carter's on grounds that the product is nothing more than an ordinary laxative, with "no therapeutic effect" on the liver. The case has been endlessly dragged through the courts is still unsettled. Last week FTC again demanded that Carter Products, Inc. drop the word "liver" from the brand name. Sample Carter commercial: "Five New York doctors now have proved you can break the laxative habit . . . Carter's Little Liver Pills improve the flow...
APPLIANCE DEALERS' complaints of unfair competition from homebuilders will be investigated by Federal Trade Commission. Dealers told FTC some builders are selling appliances at cut rates to stores. Builders get appliances direct from manufacturers, below wholesale cost, ostensibly for installation in new homes...