Judge Recommends FTC Drop Cases Against Companies
Federal judge Alvin L. Berman urged the FTC to drop antitrust actions against eight major oil firms Exxon Gulf Shell Texaco Mobil Atlantic Richfield Standard Oil of California and Standard Oil of Indiana and instead launch a broad industry inquiry. The decision comes as the energy crisis deepens and the complaint, filed in July 1973, is viewed as no longer fit for resolution within the current proceeding. The FTC had charged artificial price and profit manipulation and market monopolization from well to pump, with proposals to reallocate refining capacity and force divestitures and limits on future acquisitions. No official FTC response was given, though resistance to withdrawing the suit was anticipated.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Alvin L. Berman
FEC
Heyman
Commission
Exxon
Gulf
Shell
Texaco
Mobil
Atlantic Richfield
Standard Oil of
California
Indiana
FTC
Bureau of Competition
Berman
Gas policy battles split energy leaders in Senate
The energy bill fight features antitrust warnings from Justice Department official Thomas Kauper against breaking up oil majors, while an FTC task force says public lands yield insufficient returns. The Hart amendment to divest pipelines and refineries stalls, yet Tunney's measure preserves gas controls, delaying price increases and saving households billions by 1980. The package mixes short term relief with long term price liberalization, as onshore and offshore controls wind down by 1981.
MENTIONED IN THIS ARTICLE
Tey
Senate
Thomas F. Kauper
Justice Deartment
Sen
John V. Tunney
D-Calif
Tunney
Tiberas
United States
Ford Administration
Kissinger Satisfied With Talks In China
Secretary of State Henry Kissinger said he was satisfied with his talks in China during a four day visit that ended on a muted note at a dinner with Chinese leaders. He stressed that self interest governs Sino American relations while Mao and Chinese officials offered cautious toasts. Kissinger noted preparations for President Ford's visit to China are proceeding well and expected to visit Tokyo after leaving Peking.
MENTIONED IN THIS ARTICLE
Peking
Henry A. Kissinger
China
Washington
Chiao Kuanhua
Soviet Union
United States
Kissinger
America
U.S
Mao Tse-tung
Ford
Mao
Teng
Kyoda
Mother urges halt to life support for Quinlan daughter
Morristown New Jersey reports depict Karen Quinlan in a vegetative state as her mother Julia testifies she would not want extraordinary means to prolong life. The family seeks guardianship to remove the respirator while doctors describe no hope for recovery. Catholic advisers back turning off life support. Vatican paper calls for keeping her alive.
MENTIONED IN THIS ARTICLE
Morristown
Karen Anne Quinlan
Julia Quinlan
Miss Quinlan
Quinlans
Superior Court
Robert Muir Jr
Alyzed
Mrs. Quinlan
Daniel Coburn
Quinlan
Karen
Child Too Young For Youngstown Moves Ordered
In Youngtown Arizona a six year old boy Andy Braswell and his parents Mr and Mrs Thomas Braswell have been ordered to leave town. The order cites age related residency concerns and directs the family to relocate from the town.
MENTIONED IN THIS ARTICLE
Thomas Phoenix
Braswell
Andy
Youngstown
Youngtown, Ariz
Youngtown
Thomas Braswell
Contract Talks In Third Day
MIAMI AP Representatives for National Airlines and striking flight attendants moved into a third day of renewed contract negotiations under federal mediation with no progress reported. The airline warned of 10 percent management layoffs and inability to rehire all union staff even if the 52 day strike ends.
MENTIONED IN THIS ARTICLE
Miami
National Airlines
the Airlines
National
Bob Matell
Maggie Rowe
Driver Gets Offer From Insurance Co
Hartford AP reports an adjuster offered $600 for auto damages and costs related to a collision involving President Ford's limousine. James Salamites, 19, of Meriden, said the bid covers towing and damages to a 1968 Buick owned by his mother, who had just purchased it two months earlier. He and his mother have not decided whether to accept INA's offer.
MENTIONED IN THIS ARTICLE
Hartford, Conn
Ford
James Salamites
Meriden
Salamites
Insurance Company of North America Corp
INA
Efforts To Aid New York Hit Snag In Congress
In Washington efforts to aid New York City stalled in Congress as Senate Banking Committee Republicans boycott meetings and two Democrats request more testimony. In the House the Democratic Steering Committee endorsed preventing a default by New York City, while New York officials resist a proposed special tax. In NYC, 10000 elderly protesters gathered near City Hall over proposed senior center cuts amid a $37 million departmental cut and a plan to close centers.
MENTIONED IN THIS ARTICLE
Washington
New York City
Congress
Senate Banking Committee
Adlai Stevenson
D-Ill
Joseph Biden
House
Democratic Steering Committee
New York
John J. McFall
D-Calif
Thomas
P. O'Neill Jr
de Mass
Harry F. Byrd Jr
India
Senate
Wiliam F. Proxmire
D-Wis
Stevenson
Biden
Proxmire
New York State
Hugh Carey
Warren Anderson
Anderson
Abraham Beame
Department of Social Services
Also Mentioned on This Page
Vpage
Big George
Virgil Partch
Bata
National Weather Noaa
Dept. of
Ron
Pretipifanen
Connault
Dakotas
Nebraska
Montana
Wyoming
Colorado
Arizona
Idaho
New Mexico
Utah
Nevada
New England
Steelman
Patty Steinback
Mary
John
Cory Gaffney
Morris County
Paula Wirephote
Teng Hsiao-ping
Tokyo
Denville
Hedtat
Lenin
Argu
Pers
Hic
David Baime
Thomas Trapasso
God
Mr. Trapasso
Joseph Quinlan
Vatican Daily
Braswells
Phoenix
Adult Action
Edward Johnson
Save Youngtown Retirees Inc
Insurance Co
ROOM _GROUP
Ferniterel
M&m
Fura
Monroe St
Tot So
Main St
Alice Brophy
Department For the Aging
ARPO
The
Baptist Tabernacle
Deutz
Money S
North
Blairs
Virginia
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