Price Conspiracy in the Electrical Industry [History]

被引:0
|
作者
Owen, Edward L. [1 ]
Brusso, Barry C. [2 ]
机构
[1] GE Co, Schenectady, NY 12345 USA
[2] S&C Elect Co, Chicago, IL 60626 USA
关键词
Pricing; Ethics; Companies; History; Electricity supply industry; Legal factors; Monopoly;
D O I
10.1109/MIAS.2022.3226856
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
In late November 1960, U.S. Attorney Robert Bicks filed charges in U.S. District Court in Philadelphia, PA, USA, against the big three electrical equipment manufacturers along with 26 smaller companies and 44 of their executives. The parties were charged with conspiracy to fix prices, a violation of the Sherman Antitrust Act, of 1890, and the Clayton Antitrust Act, of 1914. Within four months, all 44 executives pleaded guilty or nolo contendere (no contest), and seven were sentenced to 30 days in prison.
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页码:7 / 11
页数:5
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