Price Discrimination and the Basing-point System, Hearings Before a Subcommittee of ... , 82-1 on ... , July 13, 16, 17, 18, 19, 23, 24, 25, 26, and 27, 1951 |
Common terms and phrases
absorb freight ADAMS advantage amended antitrust laws basing point basing-point pricing basing-point system bill Birmingham mills buyers cement cents chain stores Chairman Chicago Clayton Act committee commodities compete competitor competitor's price concerns Congress consumer cost customers dealers delivered price discrimination in price discriminatory price economic effect England equally low price fact faith to meet favor Federal Trade Commission freight absorption freight charges gasoline geographic pricing HAMILTON hearings independent injury to competition jobbers legislation located long ton Louis mills lower price manufacturers meet competition monopoly MUND operations percent advertising allowance percent for advertising permit pig iron Pittsburgh plant present price discrimination proviso purchasers question retail Robinson-Patman Act Russellville SCHOEPPEL sell seller Senator BENTON Senator DOUGLAS Senator HUNT Senator LONG Sherman Act shipments small business SPINGARN Standard Oil statement substantially sugar supplier supply tion tire unlawful wholesale
Popular passages
Page 241 - ... case thus made by showing justification shall be upon the person charged with a violation of this section, and unless justification shall be affirmatively shown, the Commission is authorized to issue an order terminating the discrimination...
Page 331 - Provided, That nothing herein contained shall prevent differentials which make only due allowance for differences in the cost of manufacture, sale, or delivery resulting from the differing methods or quantities in which such commodities are to such purchasers sold or delivered...
Page 264 - Provided, that nothing herein contained shall prevent discrimination in price between purchasers of commodities on account of differences in the grade, quality, or quantity of the commodity sold, or that makes only due allowance for difference in the cost of selling or transportation, or discrimination in price in the samo or different communities made in good faith to meet competition...
Page 331 - It shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality...
Page 325 - The heart of our national economic policy long has been faith in the value of competition. In the Sherman and Clayton Acts, as well as in the Robinson-Patman Act, "Congress was dealing with competition, which it sought to protect, and monopoly, which it sought to prevent.
Page 103 - It is enough to say that Congress did not seek by the Robinson-Patman Act either to abolish competition or so radically to curtail it that a seller would have no substantial right of self-defense against a price raid by a competitor.
Page 337 - ... for use, consumption, or resale within the United States or any Territory thereof or the District of Columbia or any insular possession or other place under the jurisdiction of the United States...
Page 335 - States, where the effect of such discrimination may be to substantially lessen competition or tend to create a monopoly in any line of commerce...
Page 329 - Act, it is a complete defense to a charge of price discrimination for the seller to show that its price differential has been made in good faith to meet a lawful and equally low price of a competitor.
Page 328 - ... petitioner that, under the Act, the lower price to the jobbers was justified if it was made to retain each of them as a customer and in good faith to meet an equally low price of a competitor. I. FACTS. Reserving for separate consideration the facts determining the issue of interstate commerce, the other material facts are summarized here on the basis of the Commission's findings. The sales described are those of Red Crown gasoline because those sales raise all of the material issues and constitute...