Word: patently
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...help pay company debts, the board will try to sell two of its seven subsidiaries, Colt's Patent Fire Arms Manufacturing Co. and Quick-Way Truck Shovel Co. Then it hopes to build up its most promising subsidiary, Pratt & Whitney Co., a machine-toolmaker (no kin to the aircraft-engine firm), while it figures out what to do with Penn-Texas' 46% block of Fairbanks, Morse stock...
...Eisenhower Administration's biggest antitrust suit to date, a federal grand jury charged RCA with conspiring to restrain the manufacture, sale and distribution of radio, television, radar and other electronic apparatus, and of monopolizing radio patent licensing in the U.S. Said the Government: "By this criminal indictment, we seek to restore competition in this significant industry so that all competitors of RCA can compete with it at every level from the research laboratory to the sale of end products...
American Telephone & Telegraph Co. (all named as coconspirators, but not as defendants) to license their patents as well as its own, has thus won control of more than 10,000 patents that netted it 77% of all patent royalties paid by the radio-television industry in 1953. When another company wanted a patent to manufacture an electronic device, the charge continued, RCA insisted that it buy a "package" of patents that might include thousands of patents not needed or wanted...
...rage struck Japan with typhoon force in the fall of 1956, when the U.S.'s Lederle Laboratories joined Takeda Pharmaceutical in a fifty-fifty deal to set up Lederle Ltd. as an outlet for meprobamate (best known in the U.S. by its original brand name, Miltown). But no patent claim had been filed, and the vacuum was quickly filled by Japan's highly competitive drugmakers-concentrated on a narrow street called Doshomachi in Osaka, around a shrine of Yakusoshin (an ancient god of drugs). By December, Daiichi Seiyaku was on the market with its own brand of meprobamate...
...days when, it is related, a hard-pressed correspondent, described a battlefield littered with "passed-on mules." When it comes to profit, the Monitor has netted only $260 in the past 15 years; it firmly excludes a long list of advertisers it does not condone (e.g., whiskies, tobacco, patent medicines, coffee, tea) and refuses to run any ad containing the abbreviation "Xmas...