Document gk8Nvd09KJGQ61VNk7rOn9va

FILE NAME: Crane Company (CRC) DATE: 1960 Apr 30 DOC#: CRC032 DOCUMENT DESCRIPTION: Newspaper Article - New York Times - Crane Co Denies Charges by FTC Fabricators, IneM and CRANE CO. DENIES Manufacturing Compan Meanwhile, Evershat CHARGES BY F. T .C . and its advertising W A SH IN G T O N , April 29 Compton Advertising f A P )--The Crane Company, asked dismissal of F, Chicago, today denied Federal charges of unfair adver Trade Commission charges that! The two New York it had violated antitrust laws nies denied F . T. C. all by acquiring an interest in fivejof using deceptive tt competitors. It asked dismissal demonstrations to sell of the complaint. safety razors. -The company said its acquisi -They asked dismiss* tions had `'encouraged competi March 10 complaint. whi tion and benefited the public" lenged a TV commei rather than tending to create a which a competing ra: monopoly as the F . T. C. al-| used to slash a boxinj leged. worn by the heavyweigh The five companies involved jpiofi Ingemar Johanssor were Chapman Valve Manu-j The F . T. C. charg facturing Company National this was not a valid p< U. S. Radiator Corporat:on,|of any danger involved i Swarthout Company, Inc.. Pipe1mg with the competitiv gfer Jicitf fjmrk Siutegs Published: April 30, 1960 Copyright The New York Times