Word: antitrust
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Dates: during 1970-1979
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...groups concerned over a badly prosecuted murder and arson case, and is handling a lawsuit by Developer Sam Lefrak and the New York City Housing Authority that attempts to prove worldwide price fixing by five major oil companies. Other Sprague cases include a local data research corporation's antitrust suit against IBM, and defense of a geology professor in Lancaster County's Mennonite community who is accused of sodomizing two boys...
...there. In January the Department of Justice sued Bechtel in a test case, asking that it be enjoined from obeying the boycott. The charge: by refusing to give work to blacklisted U.S. firms, the engineering company was restricting competition and thus violating the Sherman Act, the basic U.S. antitrust...
Person is currently representing a small group of auto brokers in a complex, $300 million antitrust suit against the big four automakers, many of their New York franchise owners, and some of the New York newspapers they advertise in. To help him match the resources available to such weighty opposition, Person asked.a federal judge to authorize two approaches guaranteed to horrify the bar: 1) the hiring of expert witnesses on a contingency basis under which they would be paid only if Person's clients won, and 2) allowing Person's clients to sell shares in the outcome...
Whatever the outcome of Kodak v. Polaroid, it will be a contest between friends. Kodak manufactured much of Polaroid's film up until 1974. Forever fearful of antitrust actions, Kodak officials were privately delighted to let Polaroid start the instant business. Polaroid Founder Edwin Land has been grateful to Kodak for other reasons. In the 1930s, when Polaroid was a tiny company making light-polarizing sheets (that eventually evolved into the popular sunglasses), Eastman Kodak was among its first customers. Without that deal, there quite possibly would have been no Polaroid instant camera for Kodak to challenge last week...
...calls. On transcontinental flights, four to six seats were always blocked off for him even though he almost never used them. After Hughes' failure to raise the money for TWA's jet fleet, he lost control of the airline, and the new management hit him with an antitrust suit. Hughes won it in the U.S. Supreme Court. By that time, however, he had sold his huge bloc of TWA at a moment when the market was very high. He got $546 million, but he regretted losing TWA. "It's not mine any more," Hughes would...