GOVERNMENT,NEW PRODUCTS: Monopoly on Paper?

GOVERNMENT

The Federal Trade Commission, which usually aims an antimonopoly broadside at an entire industry, last week drew a careful bead on just one man. Its target: lean, fast-talking Henry J. Taylor, 47, sometime businessman, author (Men and Power, Time Runs Out), radio commentator and onetime Scripps-Howard journalist. In a cease & desist order growing out of a three-year investigation, FTC charged that Taylor, doing business as Manhattan's Package Advertising Co., had created a monopoly in unpatented waxed-paper wrappers by licensing others, setting prices and dividing territories. Through it, said FTC, Taylor had collected $1,300,000 in royalties from 1931 to 1945...

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