Word: ftc
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Dates: during 1950-1959
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ANTIMONOPOLY COMPLAINT against Fruehauf Trailer Co., largest producer of truck trailers, was filed by Federal Trade Commission. FTC charged Fruehauf, which has increased revenues by 200% since 1949, had swallowed competitors illegally, was getting strangle hold on industry by offering special financing deals...
FREE-TRIAL TRICKERY is being charged by FTC to electric razor maker Schick. FTC says Schick fails to make all dealers honor its nationally advertised 14-day free-trial offer; those who do, adds FTC, often refuse to return purchase price to dissatisfied customers and some dealers also sell demonstration razors...
INSURANCE ADS for accident and health policies will be checked for accuracy by the Federal Trade Commission. After a two-year investigation of false and misleading ads, which resulted in charges against 41 companies, FTC has decided that it has the power to regulate the advertising claims of all health and accident insurance firms in interstate commerce...
...saved the airline "millions," according to Pan Am's own estimate. Robert Heller & Associates' reorganization of the Post Office Department into 15 regions, and the regions into many districts, eliminated so much duplication that the Postmaster General also saved many millions. Another Heller job slashed the FTC's procedural work...
...will find the going rougher. The Federal Trade Commission has slapped Foremost Dairies (39 dairy companies acquired since 1951) with a complaint charging "constant and systematic elimination of actual and potential competitors" with the result that Foremost boosted sales from $52 million in 1950 to $375 million in 1954. FTC Chairman John W. Gwynne has also asked Congress for new powers to require advance notice of all mergers in excess of $10 million, and stronger powers to dissolve mergers that have already taken place...