Word: patman
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Colorado's chain-store tax decision is of national importance because awaiting the new Congress is Representative Wright Patman's bill admittedly designed to tax interstate chains out of existence. Proposed at the last session but not voted on, the Patman bill would tax stores on a graduated scale to a maximum of $1,000 times the number of stores times the number of States. For the Great Atlantic & Pacific Tea Co.'s 11,752 stores this tax would be $458,328,000, more than half A. & P.'s 1937 gross sales. Melville Shoe Corp...
...Launched a new attack upon basing-point price systems. The Federal Trade Commission already has three basing-point cases in the works-against the Cement Institute, the United Fence Manufacturers Association and the Cast Iron Soil Pipe Association. Each of these complaints has charged violation both of the Robinson-Patman Act, forbidding price discrimination between customers, and of FTC rulings, forbidding price conspiracy between companies. Last week, for the first time, acting solely under the Robinson-Patman Act, FTC challenged gigantic Corn Products Refining Co.'s basing-point price setup, gave No. 1 U. S. producer of syrups...
...five years since Franklin Roosevelt began his vigil over business morals, FTC has disposed of twice as many com plaints as in the previous five years-and the commission has been rewarded for its vigilance: 1) the 1936 Robinson-Patman Act extended its jurisdiction over price discrimination; 2) the 1938 Wheeler-Lea amendment to the original Federal Trade Commission Act relieved it of the necessity of proving that unfair trade practices injured competitors and allowed the commission to go to court to obtain remedies; 3) this year the Government provided the commission with a new home...
...years ago the Federal Trade Commission ordered Goodyear Tire & Rubber Co. to stop selling its tires to Sears, Roebuck & Co. at net prices lower than those accorded to other purchasers-a practice which had enabled Sears to undersell its competitors. When the Robinson-Patman Anti-Price Discrimination Act presently was passed, Goodyear abandoned the practice. The Sixth Circuit Court of Appeals dismissed the F. T. C. order on the ground that the controversy no longer existed...
...suspicious advertising trade could look in vain through Woman's Day for signs that A. & P. intended to use its magazine for editorial propagandizing in favor of chain stores. The Robinson-Patman Act was designed in part to end the evils of advertising allowances from manufacturer to retailer, and Publisher Hanson has stoutly denied that Woman's Day is an attempt to salvage these lost allowances. However, six manufacturers from whom A. & P. buys goods are represented in the first issue of Woman...