+e?"SECRET March 25, 1955 SUBJECT: Discussion at the 242nd Meeting of the National Security Council, Thursday, March 24, 1955 Present at the 242nd Council meeting were: The President of the ment of State; Charles E. Nelson, Atomic Energy Commission ref the Chairman, Joint Chiefs of Staff; the Director of Central Inte lidge gence; the Assistant to the President; Robert Cutler, Joseph M and Welson A. Rockefeller, Special Assistants to the President; t he Deputy Assistant to the President; the NSC Representative on Inte; rneal Security (Items 1 and 2); the White House Staff Secretary; the Ex PCU= | tive Secretary, NSC; and the Deputy Executive Secretary, NSC. There follows a summary of the discussion at the meeting and the nain points taken. 1. ANTI-TRUST LAWS AFFECTING ACTIVITIES OUTSIDE THE U. S. (NSC Actions Nos. 766-c, 1200 and 1263; Memos for NSC from EX ecu- tive Secretary, same subject, dated November Ly 1954 and Mare h 16, 1955) Mr. Cutler briefed the Council on the background of the problem, and said he would call first on the Attorney General for comment. eee Staff, U. S. Air Force (Item 8); Col. Lucius D. Clay, Jr., Lt. Col R. W. Strong, and Maj. R. E. Shearer, Department of Defense (Item 8); Assistant Attorney General Parnes (Item 1); Robert R. Bowie, Depa ht fe A Re. 5S TT 3, 5 and 8); the Director, U. S. Information Agency; the Chief of eR GE OS Bureau of the Budget; the Chairman, Atomic Energy Commission (Ite fs aprpepe United States, presiding; the Vice President of the United States: the Secretary of State; the Secretary of Defense; the Director, Foreign Operations Administration; and the Director, Office of Defense Mobilization. Also present were the Secretary of the Treasury; the Attorney General (Items 1 and 2); the Acting trtehe’ w@@ia pe an Perth the Ai dee . Qa 7s is by? MEMORANDUM + Ean — Rin 9 nethtseas Takde Ecnhower: | Papers, 1953-61 | (Ann Whitman file) - The Attorney General alluded to the fact that a trial x un as to the effect of the anti-trust laws on U. S. commercial activ Ht ties outside the United States had been provided by the Iranian q BSe. He reminded the Council that the Justice Department had withdrawn its criminal action against the American oil compenies who had partia pated in the elleged Iranian oil cartel. Meanwhile, the civil cs se ‘luthority LOAPLAVSL. AZ | aly 1 + hc NLE Date wilh PORTIONS EXEMPTED E.0. 12386, Sec. 13 a) Cy) (Ys NISC CoMfag p2f2fF NUE DATE hh oe, DECLASS!FIED