Business Leaders Urged to Stress Antitrust Laws
Secretary of Commerce Luther Hodges told the Senate Antitrust subcommittee that business leaders must better communicate antitrust policies to employees. He noted a 26-person Business Ethics Adviser Council to promote ethical business conduct and fair competition. KeFAuver announced further hearings to close loose ends after GE's Cordiner testimony.
MENTIONED IN THIS ARTICLE
Washington
Commerce
Luther H. Hodges
Estes Kefauver
D-Tenn
Ralph J. Cordiner
Seward
General Electric Co
Federal Judge Fines Firms and Individuals in Price Fixing Case
A Philadelphia federal judge fined two percent electrical manufacturers and 45 individuals nearly $2 million after guilty or no contest pleas to price fixing. Seven executives received three days in jail. General Electric and Industry Slant paid the heaviest penalties.
MENTIONED IN THIS ARTICLE
Philadelphia
Lion
General Electric
Overalls Cost Captive Inmate Fine In Nashville
In Nashville city court a 22 year old inmate Joel Clark Hill was fined for petit larceny after attempting to escape with a pair of workhouse overalls. The overalls were not recovered. He was recaptured Monday authorities said.
MENTIONED IN THIS ARTICLE
Nashville. Tenn
Joel Clark Hill
Momlay
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