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Story
January 20, 1954
The Nome Nugget
Nome, Nome County, Alaska
What is this article about?
The U.S. government settled its antitrust suit against the Great Atlantic and Pacific Tea Co. (A&P) via a consent judgment in New York federal court. A&P will dissolve its produce buying subsidiary, Atlantic Commission Company, accused of conflicting roles in buying and selling.
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Anti-Trust Suit Against
A & P Food Chain
Settled By Compromise
WASHINGTON (AP)—A compromise settlement of the government's anti-trust suit against the A & P food chain was announced Tuesday by Atty. Gen. Brownell.
The big retail chain will not be broken up.
The attorney general said a consent judgement, accepted by both the Justice Department and the Great Atlantic and Pacific Tea Co., was entered yesterday in the federal district court in New York City before Judge Edward A. Conger.
Brownell said the decree provides that A&P must move at once to dissolve Atlantic Commission Company, its produce buying subsidiary.
The subsidiary had been accused of functioning in an inconsistent dual role as a direct buyer for A&P's 6,000 retail stores scattered through 40 states, while at the same time acting as a selling agent for the A&P suppliers in sales to the big chain's retail competitors.
A & P Food Chain
Settled By Compromise
WASHINGTON (AP)—A compromise settlement of the government's anti-trust suit against the A & P food chain was announced Tuesday by Atty. Gen. Brownell.
The big retail chain will not be broken up.
The attorney general said a consent judgement, accepted by both the Justice Department and the Great Atlantic and Pacific Tea Co., was entered yesterday in the federal district court in New York City before Judge Edward A. Conger.
Brownell said the decree provides that A&P must move at once to dissolve Atlantic Commission Company, its produce buying subsidiary.
The subsidiary had been accused of functioning in an inconsistent dual role as a direct buyer for A&P's 6,000 retail stores scattered through 40 states, while at the same time acting as a selling agent for the A&P suppliers in sales to the big chain's retail competitors.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
What keywords are associated?
Antitrust Suit
A P Food Chain
Compromise Settlement
Atlantic Commission Company
Consent Judgment
What entities or persons were involved?
Atty. Gen. Brownell
Judge Edward A. Conger
Great Atlantic And Pacific Tea Co.
Where did it happen?
Washington; New York City
Story Details
Key Persons
Atty. Gen. Brownell
Judge Edward A. Conger
Great Atlantic And Pacific Tea Co.
Location
Washington; New York City
Event Date
Announced Tuesday; Entered Yesterday
Story Details
Compromise settlement in antitrust suit against A&P; consent judgment requires dissolution of subsidiary Atlantic Commission Company accused of dual buyer-seller role.