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Senator Kefauver calls for tougher antitrust laws
UPI reports Senator Kefauver of Tennessee urged broadening anti trust laws to cover informal understandings and price talks among electric motor industry executives. He cited behind the scenes meetings in St Louis and Norwood where executives discussed price boosts, though they denied specific price fixing. He warned the industry showed an atmosphere receptive to price changes and suggested enforcement would curb collusive practices.
MENTIONED IN THIS ARTICLE
Alc. Allen
Wagner
Electrieco
St. Louis
William A. Davis
Allis
Chalmers
Ing
Bellegal
Davis
Allis- Chalmers
Norwood
Tie Sale Live Confereas
Keafuver
Motors
Kerner