When 29 of the nation's electrical equipment manufacturers were convicted of criminal bid rigging and price fixing in 1961, the gates were opened to a flood of damage suits. Customers have brought almost 2,000 suits against the electrical companies in the past four years. Two-thirds of them have already been settled, almost all of them out of court. Last week a federal judge in Manhattan handed down the second largest court judgment against the electrical companies since the Great Conspiracy was uncovered. He ordered the General Electric Co. and the Westinghouse...
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