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Directors interlock under FTC probe
The Federal Trade Commission is probing how corporate directors serving on multiple boards affect competition. Chairman Lewis A. Engman said the inquiry covers interlocks among banks and major firms, including hidden links via supplierbuyer and tenderdebtor arrangements, with focus on indirect ties and shared directors on thirdcompany boards.
MENTIONED IN THIS ARTICLE
Washington W
Federal Trade Commission
Soeral Companies
Lewis A. Engman
White House
General Motors
U. S. Steel
Interneks
Wepal
Kye
FYC
Edmund W. Littlefield
General Elatrie
Chrysler
Alcoa Aluminum Company
Alan Slee
Tohn A. Mayer
Justice Department
FTC
Engman
Sgid Fagivan