United States Tax Court April 11, 1952, Docket No. 26352 (Reporter Publishing Co. v. Commissioner)

lead-opinion

OPINION.

Black, Judge:

The question presented here is whether petitioner sustained a deductible loss by reason of the Supreme Court decision in Associated Press v. United States, sufra. Petitioner contends that when the Supreme Court took away the exclusive right to A. P. services in its community, its A. P.