Antitrust: The Mississippi Tide

"It's a mistake to think that antitrust prosecution swings from quiescence to vigor under different Attorney Generals," says William Horsley Orrick Jr., the Justice Department's chief trustbuster under Attorney General Robert Kennedy. "Antitrust is more like the Mississippi — it just keeps rolling along."

At any rate, Orrick's Mississippi was in full spring flood last week. Capping a recent flurry of antitrust suits, Orrick and his trustbusters sued to break up three big proposed mergers in the chemical and oil industries— including a deal that involved giant Standard Oil (N.J.), a...

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