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Story
July 6, 1950
The Potters Herald
East Liverpool, Columbiana County, Ohio
What is this article about?
Indictments in Philadelphia against record dealers for using 'fair trade' laws to maintain high phonograph prices via contracts, blacklisting, boycotts, and lawsuits. Justice Department seeks repeal of Miller-Tydings amendment, citing evasion of antitrust laws.
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OCR Quality
98%
Excellent
Full Text
"Fair Trade"
Indictments returned in Philadelphia recently against a number of retail dealers and wholesalers engaged in the sale of phonograph records, show clearly how business firms can and sometimes do use the so-called state "fair trade" laws to keep prices high.
In this case, the Justice Department charges, the Record Dealers Association was able to keep prices uniformly high by forcing dealers to sign "resale price maintenance contracts," in the guise of operating within the framework of the state "fair trade" law.
In order to maintain these high prices, the Government charges, the defendants indulged in black-listing, boycotts and harassing law suits.
The Department of Justice has long sought repeal of the Miller-Tydings amendment which permits "fair trade" laws, because it helps keep prices artificially high.
Now Herbert A. Bergson, chief of the Antitrust Division, has uncovered another reason for outlawing "fair trade" laws. They are often used as a "cloak of legality" to evade the antitrust laws.
Indictments returned in Philadelphia recently against a number of retail dealers and wholesalers engaged in the sale of phonograph records, show clearly how business firms can and sometimes do use the so-called state "fair trade" laws to keep prices high.
In this case, the Justice Department charges, the Record Dealers Association was able to keep prices uniformly high by forcing dealers to sign "resale price maintenance contracts," in the guise of operating within the framework of the state "fair trade" law.
In order to maintain these high prices, the Government charges, the defendants indulged in black-listing, boycotts and harassing law suits.
The Department of Justice has long sought repeal of the Miller-Tydings amendment which permits "fair trade" laws, because it helps keep prices artificially high.
Now Herbert A. Bergson, chief of the Antitrust Division, has uncovered another reason for outlawing "fair trade" laws. They are often used as a "cloak of legality" to evade the antitrust laws.
What sub-type of article is it?
Crime Story
Deception Fraud
What themes does it cover?
Deception
Crime Punishment
Justice
What keywords are associated?
Fair Trade Laws
Antitrust Violation
Phonograph Records
Indictments
Price Maintenance
Blacklisting
Boycotts
What entities or persons were involved?
Herbert A. Bergson
Record Dealers Association
Justice Department
Where did it happen?
Philadelphia
Story Details
Key Persons
Herbert A. Bergson
Record Dealers Association
Justice Department
Location
Philadelphia
Event Date
Recently
Story Details
Indictments against record dealers for using fair trade laws to enforce high prices through contracts, blacklisting, boycotts, and lawsuits; Justice Department pushes for repeal of Miller-Tydings amendment to prevent antitrust evasion.