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SNAPPING BACK

Poor Eastman Kodak. The Clinton Administration is poised to file a complaint with the World Trade Organization based on Kodak's charges that Fuji has conspired with the Japanese government to limit sales of Kodak film in Japan. Kodak, which raised the allegations a year ago, had hoped direct U.S.-Japan negotiations would yield it greater access to Japan's market. But Tokyo has steadfastly refused to bargain. Kodak's stock closed up 1 on news of the filing, at 77 5/8, on June 12.

EDITED BY KELLEY HOLLAND


Updated June 14, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.
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