ANTITRUST: A Startling Reversal

Few spectators at the hearings in Tulsa's federal court last week could make much sense of the proceedings. Even Presiding Judge A. Sherman Christensen seemed more than a little confused. Less than a month after finding International Business Machines Corp. in violation of antitrust statutes and ordering it to pay its struggling rival, Telex Corp., a record $352.5 million in damages (TIME, Oct. 1), Christensen developed second thoughts and sent the whole complex legal wrangle almost back to Square 1. Before the week was over, he changed course again and announced that he might be able soon to make a...

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