Business: The Government's Week: Jul. 18, 1938

Now that there is reason to believe Depression II has turned the corner, nothing is of more importance to business than the Government's drive to reshape the antitrust laws. Last week, as the Monopoly Investigation sharpened its pencils and Big Business received a thumping endorsement from the Brookings Institution (see col. 3), the Federal Trade Commission polished off a two-year investigation of the farm-equipment industry by proposing a major change in the 24-year-old Clayton Anti-Trust Act. This product of the first trust-busting era made it illegal for one company to purchase...

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