Mergers and Economic Concentration: Hearings Before the Subcommittee on Antitrust, Monopoly, and Business Rights of the Committee on the Judiciary, United States Senate, Ninety-sixth Congress, First Session, on S. 600 ....U.S. Government Printing Office, 1979 - 1433 pages |
Other editions - View all
Common terms and phrases
acquired company acquired firm acquisition affirmative defenses aggregate concentration American antimerger antitrust laws assets average Becton Dickinson believe benefits BENSTON bill BURTIS capital cash flow Celler-Kefauver Act Chairman CHUMBRIS Clayton Act coal committee competition concern conglomerate mergers CONGRESS THE LIBRARY Corp costs diversified dollar earnings economic effect efficiency energy enterprise EPSTEIN Exxon fact Federal Trade Commission FREEMAN going Government growth impact income increase inflation investment investors large corporations large firms largest major manufacturing merge merger activity million MILLSTEIN monopoly Occidental Petroleum oil and gas oil companies oil industry PAC's percent petroleum plant POSNER predatory pricing problem production profits prohibit question regulation RIORDAN Senator KENNEDY Senator METZENBAUM Senator THURMOND share shareholders small business smaller social and political Standard Oil stockholders subcommittee substantial takeover tender offer testimony Thank tion United uranium
Popular passages
Page 7 - No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of...
Page 6 - Report to the President and the Attorney General of the National Commission for the "Review of Antitrust Laws and Procedures (January 22, 1979 ), Chapter Tx~.
Page 13 - United States v. El Paso Natural Gas Co., 376 US 651 (1964); United States v. Penn-Olin Chem.
Page 338 - In addition to the sample errors, the estimates are subject to various response and operational errors: errors of collection, reporting, coding, transcription, imputation for nonresponse, etc. These operational errors would also occur if a complete canvass were to be conducted under the same conditions as the survey. Explicit measures of their effects generally are not available. However, it is believed that most of the important operational errors were detected and corrected in the course of the...
Page 227 - ... of section 7 of the Clayton Act, as amended by the Celler-Kefauver Act of 1950 ("Section 7"), and as reflected in its legislative history and interpretation by the United States Supreme Court.
Page 35 - know" what it is, yet we encounter endless difficulties in trying to define it. We can "tell" whether one person or group is more powerful than another, yet we cannot measure power. It is as abstract as time yet as real as a firing squad.
Page 535 - ... nation. The goals should provide generally that: • There should be significant reductions in the average national rate of growth in energy consumption as compared to historical trends. A target for the long term growth rate should be set at 2 percent per year and reviewed annually by the Congress; • All possible measures should be taken to encourage the most efficient production and use of energy; • Each sector of the economy should achieve the lowest possible energy requirements subject...
Page 535 - ... and reviewed annually by the Congress; • All possible measures should be taken to encourage the most efficient production and use of energy; • Each sector of the economy should achieve the lowest possible energy requirements subject to economic efficiency and the state of technology. All federal government energy-related programs should be coordinated, so that in their cumulative effect they fall within the national goal. Congress should establish a new Energy Policy Council within the Executive...
Page 8 - Grocery Co., 384 US 270 (1966); United States v. Aluminum Co. of America, 377 US 271 (1964); United States v. Philadelphia Natl.