The Justice Department ends its antitrust cases with A T & T and IBM
They were two of the biggest, most complex and costliest corporate legal actions ever brought by the U.S. Government. Rightly or wrongly, they came to symbolize the relentless meddling that businessmen everywhere had learned to fear most from Washington. Then last week, after years of litigation and without any fanfare or warning, the twin legal dramas came suddenly to an end.
In Washington, Assistant Attorney General William Baxter, who nine months earlier had declared his intention to "litigate it to the eyeballs,"...