Antitrust Prosecution Forces RCA to Restructure
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Economics, Law, Legal History, Courts
- Subcategories: Entertainment, Entertainers, Business, Trade, Commerce, Court Cases, Rulings, Appeals, Television, Radio, Broadcasting, Communications
- Curriculum: American History 1901-1950
- Geographical Location: Washington, D.C.
- Date: November, 1932
Article abstract: The Radio Corporation of America was restructured following an antitrust lawsuit, bringing an end to the “radio trust”.
Summary of Event
The action of the United States to curtail monopolistic practices of the “radio trust” forced the Radio Corporation of America (RCA) to restructure its corporate organization in 1932, profoundly altering its status and its role in the growing home entertainment field. The U.S. government began to investigate RCA for violations of antitrust legislation in 1924, just five years after the...
[The entire page is 2338 words long]
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