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Six Electronic Firms Hit With Price Fixing Indictments
U S antitrust division files price fixing indictments against six leading electronic hardware producers used by communications and power utilities. The firms, with combined annual sales of about 30 million dollars, supply 75 percent of transmission equipment east of the Rockies. Spokesmen for three firms expressed surprise at the charges. Indictments returned Tuesday in U S District Court before Judge Robert E Tehan detail long standing price agreement among the manufacturers.
MENTIONED IN THIS ARTICLE
Milwaukee, Wis
U. S. Dist
Robert E. Tehan
Hubbard
McGraw-Edison
Joslyn and
Chance
Philadelphia
Atty
Robert F. Kennedy
Washington