Word: ftc
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Dates: during 1950-1959
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BIGGEST ANTITRUST WAR of the year will be waged against food industry giants, for gobbling up smaller companies. FTC complains that supermarket chains have acquired 1,678 stores in past four years (v. only 560 stores in six years before that). Eight of FTC's largest merger cases involve groups of supermarkets, dairies or food processors. Among them: Kroger, National Tea, National Dairy, Borden, Pillsbury...
...almost 16 years, a bitter battle has raged between Carter Products, Inc. and the Federal Trade Commission over one word: liver. The FTC first tried in 1943 to get the "Liver"' dropped from Carter's Little Liver Pills. The pills, said the agency, did not help a sluggish liver, would not necessarily relieve that ''worn-out, sluggish, allin, listless, tired, stuffy, cranky, peevish, bogged-down" feeling. After 142 hearings in six cities (and 11,000 pages of testimony), the FTC issued a cease-and-desist order, only to have it tossed out by the U.S. Court...
Last week the U.S. Court of Appeals in San Francisco upheld the FTC finding that Carter's basic therapeutic claim is "false and misleading," ordered "Liver" deleted from the trade name. Carter Products announced that it would appeal to the Supreme Court, continue the case that has already cost taxpayers more than...
TIRE PRICE FIXING was charged by FTC against 15 tire and tube manufacturers who account for virtually all of the industry's $2 billion annual sales volume. FTC alleged that the Big Four-Goodyear, Goodrich, Firestone, U.S. Rubber-and others set up zoned pricing system on tires and tubes, which deprived purchasers near production plants of transportation cost savings...
...last week in Florida), Skutt has dedicated himself to proving that socialized medicine is not needed. The campaign is paying off. A few years ago the Federal Trade Commission took out after health and accident insurance companies for misleading advertising, scared many into cleaning up their operation before FTC dropped the cases for lack of jurisdiction. Skutt was not satisfied with a decision won on a technicality, queried all of Mutual's policyholders. Of the more than 350,000 replying, 96.4% said they were satisfied with Mutual's overall service...