Word: fixing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...weeks ago that the Justice Department intended to file antitrust charges against most of the U.S. publishing and advertising industry (TIME, May 9), last week kept his promise. In the Manhattan U.S. District Court the Department of Justice filed a civil complaint charging the industry with "conspiracy" to 1) fix all advertising agency commissions at 15%, 2) deny credit to "nonrecognized" ad agencies that are not members of the trade associations. Defendants named: American Newspaper Publishers Association (801 member newspapers), Periodical Publishers' Association of America (Crowell-Collier, Hearst, Curtis, McCall), Publishers' Association of New York City...
...methodical Swiss, who think that there is a place for everything, staunchly believe that the place for industry is in cartels. Over the years, no Swiss business has been more tightly cartelized than the watch industry, whose three basic cartels 1) fix prices for export, 2) require makers and assemblers to buy their parts at fixed rates, and 3) prescribe minimum profit margins for members of 25%. A special policing committee checks on firms that duck the complex rules and regulations, slaps fines of up to $25,000 on violators...
...editorial titled "We Declare War." Said the magazine: The cartels, "euphemistically called associations," are "not keeping pace with economic trends and [are] abusing their strength and power to the detriment of our national economy." Noting that for months it had been receiving complaints from watchmakers about the rigid price fixing, the magazine said: "The cartels' management has won such power and independence that many of the members have lost their influence . . . The trouble with our cartels is that they fix prices according to the least efficient producers. In order to support this category, better and more efficient firms...
...medical lesson of My Left Foot is that even a young adult can be saved from the worst horrors of cerebral palsy. As for Christy Brown, he has use of the royalties to fix up his study, and now has an electric typewriter, which even his jumpy fingers can operate. Now he can keep the shoe on his left foot...
...Faculty voted yesterday to abolish the existing quota of concentrators in History and Literature. In the future, the Committees on History and Literature and on Educational Policy will fix an annual quota and they have set 85 as the limit for the class...