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FCC approves merger plan triggers antitrust questions
Washington dispatch reports the Justice Department plans a full review of the American Tire Corp and International Telephone and Telegraph merger after the FCC approved it. The department criticizes rapid action and seeks more information on competitive effects while warding off anticompetitive outcomes. Mayor Troost urged the city to consult on local water rights amid the broader deal concerns.
MENTIONED IN THIS ARTICLE
Washington
FCC
Donald F. Turner
Justice Department
Turner
Est Corporation
American Tire Department
Congress Broadcasting Co
Interna Commission
Sens.wansters
Tional Telephone & Telegraph
A Department
Wayne Morse
D-Ore
Con- Corp
Justice
Ferran
Nelson
D-Wis
Phi Jcern
Sion
Atmunications Commission
Broad-Fcc
Fred Troost
Dairy Valley