Carter Bids To Curb Oil Companies
Carter Adm, in unexpected move, asks Congress to restrict, but not absolutely prohibit, mergers of country's 18 biggest oil companies with other large businesses; action amounts to qualified support for more sweeping bill sponsored by Senators Kennedy and Metzenbaum that would prohibit outright an acquisition by any of 16 largest oil companies of a company with assets of $100 million or more; bill has been approved by Senate antitrust subcommittee; Adm's stand is 1st time White House has supported any bill that would broaden restrictions on mergers detailed in Clayton Antitrust Act (M)
