A Study of the Antitrust Laws: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fourth Congress, First Session, to Study the Antitrust Laws of the United States, and Their Administration, Interpretation, and Effect, Pursuant to S. Res. 61, Parts 3-5U.S. Government Printing Office, 1955 - 4617 pages |
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acquired acquisition agencies amendment American American Motors answer Antitrust Division antitrust laws assets Attorney General's automobile industry bank mergers banking units believe Bethlehem capacity cars CHAIRMAN Chrysler Clayton Act COLBERT commerce committee companies competitors concentration Congress consolidations corporation cost course courts CRUSOE dealers Department of Justice dissent economic effect enforcement fact factors Federal Trade Commission field firms Ford GIDNEY Government GRIFFIN HOMER HoWREY KAISER Kaiser Motors KAYSEN legislation lessen competition manufacturer McCUSKEY ment merged monopoly Motors national banks oligopoly operation patent percent Pillsbury plant present problem proposed question reason recommendations result Robinson-Patman Act ROMNEY SCHWARTZ sell seller Senator KEFAUVER Senator O'MAHONEY Senator WILEY Sherman Act situation statement statute subcommittee substantial thing tion TOULMIN trust laws United States Steel violation WILCOX workable competition Youngstown
Popular passages
Page 102 - No corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital...
Page 146 - 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 103 - ... where the effect of such acquisition may be to substantially lessen competition between the corporation whose stock is so acquired and the corporation making the acquisition, or to restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce.
Page 711 - Under paragraph (b) of section 5 such assurances shall be furnished to the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, or the Federal Deposit Insurance Corporation...
Page 95 - The concept of reasonable probability conveyed by these words is a necessary element in any statute which seeks to arrest restraints of trade in their incipiency and before they develop into full-fledged restraints violative of the Sherman Act. A requirement of certainty and actuality of injury to competition is incompatible with any effort to supplement the Sherman Act by reaching incipient restraints.
Page xix - For every product, substitutes exist. But a relevant market cannot meaningfully encompass that infinite range. The circle must be drawn narrowly to exclude any other product to which within reasonable variations in price, only a limited number of buyers will turn ; in technical terms, products whose 'cross-elasticities of demand' are small
Page 278 - The relative effect of percentage command of a market varies with the setting in which that factor is placed.
Page 125 - Nothing contained in this section shall apply to transactions duly consummated pursuant to authority...
Page 280 - Hand's suggestion that the defendant may escape statutory liability if it bears the burden of proving that it owes its monopoly solely to superior skill, superior products, natural advantages, (including accessibility to raw materials or markets), economic or technological efficiency, (including scientific research), low margins of profit maintained permanently and without discrimination, or licenses conferred by, and used within, the limits of law, (including patents on one's own inventions, or...
Page xix - As a charter of freedom, the act has a generality and adaptability comparable to that found to be desirable in constitutional provisions.