To counter Britain's wireless monopoly in 1919, Radio Corp. of America was formed. Patents owned by General Electric, Westinghouse, American Tel. & Tel. were pooled for Radio's development of receiving sets, were later "licensed" (for a royalty) to 34 receiving set manufacturers, 14 tube manufacturers. Almost immediately, the U. S. Government looked askance at these practices as possible violations of the Sherman Anti-Trust Act. Although in 1928, after prolonged investigation, the Federal Trade Commission dismissed a complaint against Radio on this score, the...
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