Word: poole
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Dates: during 1950-1959
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...sweeping civil consent decree in one of the biggest Eisenhower Administration Sherman Act suits to date, RCA agreed to 1) put some 100 color TV patents into a royalty-free pool, 2) make available to all comers on a royalty-free basis at least 12,000 other existing radio-TV patents, 3) license all new patents during 'the next ten years at a "reasonable" royalty rate. The Justice Department also won a criminal case against RCA. U.S. District Court Judge John F. X. McGohey in Manhattan fined RCA $100,000 when the company pleaded nolo contendere toa four-count...
Then RCA President John L. Burns sat in on the negotiations. In what the department considers "a stroke of industrial statesmanship," an agreement was reached on a color TV patent pool...
...trustbusters agreed with Burns's reasoning that a pool would serve to spur color experimentation, foster industry wide cooperation, yet still not place RCA at a competitive disadvantage. Before color TV will be a success, say commercial manufacturers, a better and cheaper way must be found to make sets. Said a trustbuster: "The pool is an RCA gamble to open up the field...
...direction to work all day, she in another. They put their young sons in a common nursery (which charged for the privilege), and the children's 70-year-old grandmother worked on a "mending brigade." Among other conveniences at the commune was a common grave-a pool filled with a special chemical to help turn bodies into useful fertilizer...
...Togetherness' model homes seemed to be coming apart at the foundations. Pomades of publicity once hymned the Liberace family devotion, but last year Pianist Lee and Fiddler-Manager George split up. Last week, from the $100,000 mansion with the Knabe-shaped swimming pool, Mom joined in, said it was impossible for her to watch either son's performances while they were estranged. "Lee lives in Palm Springs most of the time," sniffed Frances Liberace, "surrounded by a gang of hillbillies and freeloaders. He is too trusting. He doesn't know who his true friends...