Word: philco
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Asking for treble damages of $174 million, RCA pointedly noted that Ford assumed "all liabilities and obligations" of Philco when it bought the company...
When it bought up Philadelphia's faltering Philco Corp. 4½ months ago, the Ford Motor Co. intended merely to acquire a readymade position in the electronics and aerospace industries. Last week Ford was discovering that by taking over Philco it had also bought its way into a savage feud with another U.S. industrial giant-Radio Corp. of America...
...Blood. The bad blood between RCA and Philco dates back to a 1957 antitrust action in which Philco charged that it was unfairly handicapped in its manufacture of radio and TV sets by RCA's industry-blanketing control of some 12,000 patents, and demanded $150 million in treble damage payments. RCA angrily countered with charges of patent infringement against Philco. A consent decree negotiated by the Justice Department in 1958 put the RCA patents in a royalty-free pool, but the legal battle between Philco and RCA raged on through a maze of hearings and counterclaims...
Early this month RCA launched a new, double-pronged attack seemingly designed to convince Ford that this inherited squabble would be excessively costly to pursue. Though RCA now holds patents on the only color television tube to meet FCC standards. RCA lawyers charged that since 1953 Philco has been conspiring to set up a patent pool that would establish a monopoly position for Philco's own color television equipment. In the process, asserted RCA, Philco plotted to withhold color television from the public until the last dollar was squeezed from black and white sales and sought to undercut public...
Dark Threat. Last week came the second prong of RCA's offensive-an attempt to involve Ford in FCC hearings on license renewal for WRCV. RCA's Philadelphia TV station. Philco. which owned the station until 1953 and wants to get it back, has long tried to convince FCC that because RCA has been involved in a number of antitrust actions, it is not qualified to hold "a grant which must be exercised in the public interest." In rebuttal, RCA last week filed a counterreport reminding FCC that if Philco got the station it would be tantamount...