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More significantly, a new bill, sponsored by Senator Kennedy and Ohio Democratic Senator Howard Metzenbaum, goes much further and asserts that the mere size of a corporation can tend to give it undue power over countless markets. In short, bigness is badness...

Author: /time Magazine | Title: Business: New Thrust in Antitrust | 5/21/1979 | See Source »

...Jackson of Washington, chairman of the Senate Energy Committee and Carter's principal Senate ally on energy, supported phased decontrol. But a trip back home to the Northwest changed his mind, as voters howled about rising fuel prices. Last week Jackson joined with Kennedy and Ohio Democrat Howard Metzenbaum, one of the Administration's bitterest foes in previous energy fights, in co-sponsoring a bill to overrule Carter and extend price controls for two years. With less than five weeks remaining before Congress's Memorial Day break, the bill, which requires a majority vote in both...

Author: /time Magazine | Title: Business: The Fight to Tax Big Oil | 4/23/1979 | See Source »

...natural advantage in gaining access to Congressmen. Not many Congressmen can afford to turn away the head of a $50 billion corporation. In fact, many members of Congress welcome the CEOs, soaking up the glamour associated with extreme wealth. In the 95th Congress, Senator Howard O. Metzenbaum (D-Ohio) asked deButts to lunch to discuss public governance of the corporation, while Senator Jacob Javits (R-N.Y.) contacted deButts to solicit the business community's help on urban problems...

Author: By Andrew P. Buchsbaum, | Title: Minding Everybody's Business | 4/12/1979 | See Source »

...Washington had any quick-fix cures to offer, they were not apparent. In the Senate, a group of Administration critics led by Ohio Democrat Howard Metzenbaum seemed content simply to badger and goad Energy Secretary James Schlesinger, variously recommending that he either quit or be fired as ineffectual. One of Schlesinger's biggest embarrassments: DOE'S strategic petroleum reserve, which is supposed to be available in times of severe shortage but is years behind schedule and contains less than a week's worth of oil. Pumps to get the crude back out of the huge underground Louisiana...

Author: /time Magazine | Title: Business: Deliberating on Oil Decontrol | 3/26/1979 | See Source »

Actually the Administration got its way partly because of one of the most strenuous lobbying campaigns since the passage of the Panama Canal treaties. "A Herculean lobbying effort," grumbled Democratic Senator Howard Metzenbaum, an opponent of the bill. "The Administration pressured every group to get them to pressure members of the Senate. They lined up the Business Roundtable and General Motors. They made it a patriotic issue to vote for this bill. The Administration put anything on the table to get votes. They really turned out the troops. How could any of us combat that kind of power...

Author: /time Magazine | Title: Nation: We're Taking Control | 10/9/1978 | See Source »

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