Word: pertschuks
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Dates: during 1970-1979
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Commission Chairman Michael Pertschuk, who was appointed by Jimmy Carter in 1977, has become the lightning rod of criticism against the FTC. An ebullient, Yale-trained lawyer with a crusader's rapid-fire zeal, Pertschuk has further raised the ire of both congressional leaders and business. Senator Ford accuses him of turning the agency from law enforcement to social planning. Last year a federal judge banned Pertschuk from all involvement in the children's television case, concluding that he had become too biased against the cereal companies. Other critics charged that Pertschuk was an intemperate, excessive regulator...
Like a latter-day Jeffersonian, Federal Trade Chairman Michael Pertschuk argued that large conglomerates should be banned because "they increase their power at the expense of smaller and less organized groups, and of the individual." In Pertschuk's view, the danger is all the greater because of the difficulty in measuring the consequences of the steady concentration of power...
Mueller, like Pertschuk, was also concerned because the impact of big mergers is difficult to measure and may not become clear until after competition has been badly damaged. As companies expand by merger, their muscle may scare off smaller competitors. In the words of Walter Adams, the conglomerate giants have the resources to support money-losing operations for long periods; they can simply "outbid, outspend and outlose" small rivals, creating a kind of economic Darwinism...
...decisions common to daily existence. Is this medication safe? Is forgoing sugar worth the hazards of saccharin? Are the conveniences of the Pill worth raising the risk of circulatory disease? The uncertain answers come from product analysts, dietitians, pharmacists, lawyers, physicians. American society, as Federal Trade Commission Chairman Michael Pertschuk puts it, has become "dominated by professionals who call us 'clients' and tell us of our 'needs...
...Brown in the 1976 California Democratic primary, this sort of language compels one who regards oneself as a liberal to think about trying to find a new man. To be sure, Carter's appointments have been sound from the liberal perspective. The names of Joseph Califano at HEW, Michael Pertschuk at FTC, and Andrew Young at the U.N. immediately come to mind. But it is policy, not appointments, which shapes the course of nations. The Democratic Party has not traditionally accepted a defeatist philosophy of government, a philosophy that Carter seems to be adopting. The year 1980, therefore, may turn...