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War profits report challenged by meat packers leaders
Five major meat packers deny monoply claims in a Federal Trade Commission war profits report. They defend profits as reasonable and say margins are small, with most gains reinvested to meet war-time costs and expansion. Armour Company, Cudahy Packing, Morris, Swift, and Wilson & Company defend competition and urge public review of data.
MENTIONED IN THIS ARTICLE
Federal Trade Commission
Commission
Armour & Company
Cudahy Packing Co
Morris & Company
Swift & Company
Wilson & Company