Word: goodyears
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...vigorous critic of the Viet Nam War and called President Nixon a "dictator"; for imposing wage-price controls. Eaton is a veteran of boardroom battles during a career of more than half a century, in which he has controlled such major corporations as Republic Steel and Goodyear. He may not be through yet. He still owns the biggest block of C & O stock, and no one would be surprised if he launched a counterattack to unseat Watkins at this week's regular board meeting...
Among White House pals to be pounced on by Kauper are the Goodyear and Firestone tire companies, whose higher-ups contributed heavily to Nixon's 1972 campaign. Last month the two companies were charged with price cutting in order to drive smaller competitors out of business and with trying to monopolize the tire-replacement market. In the first important divestiture suit of the Nixon Administration, Justice is asking that the tire companies get rid of enough assets to make the industry competitive again...
...Ashland Oil, Inc. ($100,-000), American Airlines ($55,000), Goodyear Tire & Rubber...
Freeze-Outs. Goodyear and Firestone are also accused of freezing smaller firms out of large portions of the replacement-tire market by signing oil companies to so-called T.B.A. (for tires, battery and accessory) agreements. Under these, an oil company agrees to sell exclusively only one rubber company's tires through its gasoline stations in exchange for a commission from the tire manufacturer. Legal battling over such agreements began in 1951 when the Federal Trade Commission attacked a T.B.A. contract between Goodyear and Atlantic Richfield Co. In 1965 the Supreme Court upheld the FTC, and three years later...
...Goodyear and Firestone officials hotly retort that their companies increased their shares of the market merely by serving their customers well, and that the companies they acquired were incapable of surviving independently in a bitterly competitive business. Industry sources point out that Firestone bought out Seiberling Rubber Co., one of the acquisitions challenged by the Justice Department, only after getting feelers from the financially rocky firm. Lee Tire & Rubber had not produced a single tire in the past 30 months before it was acquired by Goodyear in 1966. Firestone issued a statement saying that the Government suit against...