The rusty old Sherman Anti-Trust Law came back into the news last week in a big way for the first time since NIRA's enactment. A Federal Grand Jury in St. Louis indicted three major cinema companies and some of their most important executives for a conspiracy in restraint of trade. If the Department of Justice succeeds in getting a conviction, the process by which the cinema industry has sold its wares for 20 years is likely to be broken up.
Three first-run theatres in St. Louis were involved in last week's action which...
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