ANTITRUST: Print-Out Against IBM

The David v. Goliath legal struggle could not have been more aptly cast if its participants had been selected by, well, a computer. There, as defendant, was the International Business Machines Corp., the $9.5-billion-a-year giant of the computer industry, facing charges that it had illegally monopolized a fast-growing segment of its business. IBM's accuser was Telex Corp., a Tulsa-based manufacturer of "peripheral" components used with computers, which last year printed out a net loss of $13 million and has earned a total of only $7,000,000 in the best (1971) of its ten...

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