Magazine content is available exclusively for TIME subscribers.Business & Finance: Light Bulb Monopoly?
The Federal Government has filed suit against the General Electric Co., charging it with conspiracy in restraint of trade and violation of the Sherman Anti-Trust Law in its system for manufacturing and distributing electric light bulbs. The suit is mainly directed against a contract system between the General Electric and several companies engaged in distributing electric bulbs, as preventing competition. The petition declares that the Company does a business amounting to about $50,000,000 a year. General Electric claims patent rights for the exclusive manufacture of tungsten filaments used in the better grade of...
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