Word: antitrust
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Dates: during 1940-1940
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Meanwhile Trustbuster Thurman Arnold joined the fray, charged the producers with "harsh, onerous and unfair trade practices," indicted Hollywood's Big Eight (Loew's, Paramount, Warner Bros., RKO Radio, 20th-century Fox, Columbia, Universal, United Artists) under the antitrust laws. His announced objective was to divorce production and distribution, make the big producers ' give up their 2,400 theatres. Last spring he called the industry a dictatorship, insisted it must be reorganized. While independent exhibitors cheered, the Big Eight sent their lawyers to Washington...
Over two months ago Bausch & Lomb Optical Co., makers of about 50% of all the military optical goods sold in the U. S., was indicted under the Federal antitrust laws because it had an old sales & patent agreement with the German firm of Carl Zeiss. The agreement, Government men hinted, prevented B. & L. from selling range finders, gun sights and other fire-control instruments to the Allies...