Word: complyingfully
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Last week Bechtel Corp., a huge San Francisco-based engineering and construction firm (1975 contracts: $3 billion), came up with a startling answer. It insists that a company has to observe the boycott to the same degree as the U.S. Government does-and it argues that the Government is in...
In response, Bechtel admitted it is indeed complying with the boycott but denied it is restraining competition because the goods or services of blacklisted firms would not be allowed into Arab countries anyway. In addition, Bechtel contends that the Justice Department is seeking to broaden illegally the Sherman Act to...
The charge drew an embarrassed "no comment" from the agencies involved. But, says Bechtel Corp. President George P. Shultz-who until 1974 was Secretary of the Treasury-the fact that the Government agencies work in the Middle East indicates that "they must be complying with the Arab boycott." In its...
In complying with the third point, the company ran into trouble. The difficulty was a longstanding policy-apparently set by Venezuela's tough President Carlos Andres ("Cap") Perez-of not allowing guerrilla propaganda of any kind to appear in the local press. No Venezuelan newspaper would print the manifesto...
The information requested by the disclosure resolutions would also reveal whether American firms, in complying with the boycott, discriminate against other American firms that trade with Israel or employ Jews in management positions.