THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Friday, October 27, 1995 TAG: 9510270606 SECTION: BUSINESS PAGE: D2 EDITION: FINAL TYPE: Digest DATELINE: WASHINGTON LENGTH: Short : 26 lines
Gina Talamona, a spokeswoman at the Justice Department, announced the antitrust investigation but declined to identify which companies or individuals had been under scrutiny, or to say how far the investigation had progressed.
The announcement followed complaints from newspaper publishers this year about the sharply escalating prices of newsprint. Sharp increases in the cost of newsprint have been cutting into newspaper profits, leading to layoffs, newsstand price increases and reductions in space allotted for news.
KEYWORDS: U.S. JUSTICE DEPARTMENT INVESTIGATION NEWSPRINT by CNB