Word: ibm
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Dates: during 1970-1979
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...world's largest maker of computers; on the other was Control Data Corp. of Minneapolis, which ranks fifth in the U.S. computer industry. Last week the companies announced an agreement: Control Data lawyers consented to drop the company's four-year-old antitrust suit against IBM...
...IBM, which controls at least two-thirds of the entire computer market and has a reputation as a tough and unrelenting competitor, had been accused in the suit of all sorts of monopolistic mischief. With the settlement, IBM executives disposed of the antitrust complaint without having to admit to the charges...
...IBM may also have weakened another serious challenge. The Justice Department has its own antitrust suit pending against IBM, and Government lawyers have been relying on Control Data attorneys for help in understanding the labyrinthine complexities of the computer business. As part of the settlement. Control Data agreed to end that assistance...
Newspaper ads and television commercials make it clear that the Name Caller links directly into the switching systems. A user can hook up the device by opening his phone box with a screw driver and connecting a couple of wires. With an IBM electrographic marker, the user records phone numbers on a revolving belt inside the machine in much the same fashion as high school students black out answers to a computerized test. As many as 38 phone numbers can be programmed onto the belt; later, any of these numbers can be changed by erasing the black markings and starting...
...International Investment Trust (IIT) and Transglobal Growth Fund. Between April and October of this year, the SEC says, Vesco and friends sold out of the funds' holdings nearly a quarter of a billion dollars worth of stocks, including Chase Manhattan, General Motors, Mobil Oil, A T & T and IBM, and used the cash to further "their personal interests and pursuits...