Word: anti-trust
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Government collusion with the oil companies in their opposition to synthetic fuels has been largely confined to the sub-cabinet level. The exchange of personnel and other lateral interchanges between the oil industry and the middle levels of the government energy management bureaucracy should not continue. Anti-trust action directed at the oil companies and the separation of government agencies and the industry will avoid further exclusion of synthetic fuels from the energy market. The recent quadrupling of global petroleum prices has changed oil industry price fixing from an international annoyance to a vital economic issue...
...jail" is a common command in the ever-popular game Monopoly. But in the real world, businessmen who break antitrust laws are hardly ever put behind bars; only 38 violators of the Sherman Anti-Trust Act have been sentenced to jail in that law's 84-year history. Now that situation could be changing. As part of its struggle against the nation's roaring inflation, the Ford Administration has announced plans for a sweeping new assault against anticompetitive practices, including price-fixing conspiracies and agreements between companies not to sell in each other's prime market areas...
Neither Surrey nor Turner is an expert on corporate law; Surrey's special field is tax law and Turner's is anti-trust and economic regulations...
Philip E. Areeda '51, professor of Law and a specialist in anti-trust matters, was named Friday as a counsel to President Ford...
Philip E. Areeda '51, professor of Law and a specialist in anti-trust matters, was named Friday as a counsel to President Ford...