MANUFACTURING: Spectacle Trust?

Over two months ago Bausch & Lomb Optical Co., makers of about 50% of all the military optical goods sold in the U. S., was indicted under the Federal antitrust laws because it had an old sales & patent agreement with the German firm of Carl Zeiss. The agreement, Government men hinted, prevented B. & L. from selling range finders, gun sights and other fire-control instruments to the Allies.

Last week Bausch & Lomb pleaded nolo contendere (I won't argue), offered to consent to an injunction against carrying out any provisions of the Zeiss agreement...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!