Amending Clayton Act by Requiring Prior Notification of Certain Corporate Mergers and for Other Purposes. Jan. 1956. H.R. 6748, 7229, 83321956 - 209 pages |
Common terms and phrases
$10 million acquiring corporation amendment antimerger law antitrust laws assets acquisitions Attorney BARNES bill Borden Co capital cease and desist Celler Celler-Kefauver Celler-Kefauver Act CHAIRMAN Clayton Act Commission or Board committee companies competitors complaint Congress consummation Corp corporate mergers court of appeals create a monopoly dairy products Department of Justice divestiture economic effect EMANUEL CELLER enactment fact Federal Trade Commission filed firms fluid milk Government GWYNNE H. K. Porter hearings ice cream illegal industry injunction interest issued JENNINGS Judiciary jurisdiction KEATING legislation line of commerce MALETZ manufacturing McCULLOCH ment merger movement mergers and acquisitions merging Mills OPPENHEIM PATMAN percent petition premerger notification present problem proceedings prohibit proposed provision purchase reason require restrain section 11 Senator O'MAHONEY Sherman Act small business statement stock acquisitions subcommittee substantially lessen competition Supreme Court tend to create textile tion violation word Authority
Popular passages
Page 48 - Commission may at any time, upon such notice and in such manner as it shall deem proper, modify or set aside, in whole or in part, any report or any order made or issued by it under this section.
Page 179 - Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce in any section of the country, the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.
Page 3 - Complaints, orders, and other processes of the commission under this section may be served by anyone duly authorized by the commission, either (a) by delivering a copy thereof to the person to be served, or to a member of the partnership to be served, or to the president, secretary, or other executive officer or a director of the corporation to be served; or (b) by leaving a copy thereof at the principal office or place of business...
Page 184 - 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 one or more corporations engaged in commerce, where in any line of commerce...
Page 175 - States, and for other purposes, having considered the same, report favorably thereon with amendments and recommend that the bill as amended do pass. The amendments are as follows : Page 2.
Page 4 - The person, partnership or corporation so complained of shall have the right to appear at the place and time so fixed and show cause...
Page 185 - Nor shall anything contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions thereof, or from owning and holding all or a part of the stock of such subsidiary corporations, when the effect of such formation is not to substantially lessen competition.
Page 30 - such stock by the voting or granting of proxies or otherwise, may be...
Page 192 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce, where the effect of such acquisition may be to substantially lessen competition...
Page 2 - Commission may modify its findings as to the facts or make new findings, by reason of the additional evidence so taken, and...