Word: ftc
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Dates: during 1950-1959
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...FTC touched off the dispute with Antitrust when it ruled that Eastman Kodak Co. may sign Fair-Trade contracts with independent retailers, even though these retailers compete with Kodak's own retail stores. Nobody was more surprised at FTC's decision than the trustbusters. Only a month ago Eastman agreed to drop Fair-Trade pricing on Kodachrome and Kodacolor film after the Justice Department brought an antitrust suit against Eastman. One of the three charges was that Eastman sold through its own retail outlets in illegal competition with price-fixed Eastman film sold through independent stores. Thus, while...
MERGER TREND is worrying the Federal Trade Commission. It will start a thorough study of what caused recent mergers, whether they serve a useful public purpose. FTC hopes to have the answers by early next year to guide Administration policy on mergers...
...recent months the Federal Trade Commission has been flooded with complaints about health and accident insurance advertisements. After comparing the ads with the fine print in the policies themselves, the FTC last week issued complaints of "unfair and deceptive" ads against 17 firms accounting for almost a third of the $1 billion worth of health insurance sold annually by U.S. companies on an individual policy basis. Included were the four biggest in the field: Mutual Benefit of Omaha, Dallas' Reserve Life Insurance Co., Bankers Life & Casualty (the White Cross plan) and United Insurance...
...charges, the FTC described a variety of what it called deceptive ads. Said a typical one: IT PAYS YOU UP TO $15 A DAY FOR 100 HOSPITAL DAYS for each sickness or accident. But such policies, stated the complaint, usually do not pay expenses caused by a lengthy list of disabilities (nervous disorders, venereal disease, miscarriage, etc.). Nor are they apt to cover ailments occurring within six months of the policy date (hernia, tuberculosis, heart disease...
PAPER INDUSTRY is in trouble with the Federal Trade Commission over prices. The FTC has issued a cease-and-desist order to the National Paper Trade Association, 22 regional associations, and 100 individual distributors of fine paper (stationery, bond, etc.) and wrapping paper. The charge: that they have combined to establish and maintain price schedules for their products...