ADVERTISING: The Secrets Are Out

Under a bold-faced ad heading, ANTITRUST, Manhattan's Barclay hotel last February genially invited the nation's corporations to take advantage of its executive suites ($7,500 a year and up). Said the Barclay in its ad in the New York Times: "Corporation secrets are best discussed in the privacy of an Executive Suite at the Barclay." Last week the statement was open to doubt. In Philadelphia a Federal Grand Jury returned a second set of indictments against eight electrical-equipment makers, charging antitrust violations involving criminal conspiracy to fix prices, divide markets and rig...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!