To Amend Section 2 of the Clayton Act: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fifth Congress, First Session, Pursuant to S. Res. 57, on S. 11, a Bill to Amend the Robinson-Patman Act with Reference to Equality of Opportunity, and S. 1211, to Define the Application of the Clatyon and Federal Trade Commission Acts to Certain Pricing Practices ....U.S. Government Printing Office, 1957 - 1509 pages |
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amendment antitrust Association believe BENTON bill cents CHAFFETZ Chairman charge Clayton Act committee compete competition or tend competitor Congress counsel create a monopoly customers decision DIXON economy effect enacted equally low price Esso fact faith to meet Federal Trade Commission freight absorption gallon gasoline retailers going good-faith defense hearings HUGILL independent Indiana industry injury interest interstate commerce JORDAN legislation lower price MACIVER major oil companies manufacturer meeting competition oil jobbers operate Petroleum present price discrimination price war price wars proposed Pure Oil Pure Oil Co question reduce the price Robinson-Patman Act sell seller Senator DIRKSEN Senator KEFAUVER Senator WILEY service stations Shell SIMON situation small business Sparkman Standard Oil Standard Oil Co statement subcommittee substantially lessen competition Sun Oil Co supplier Supreme Court talking tend to create thing tion understand violation WHITTEMORE wholesale WILLETTS
Popular passages
Page 3 - That 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 10 - Where there is much desire to learn, there of necessity will be much arguing, much writing, many opinions ; for opinion in good men is but knowledge in the making.
Page 3 - ... facie 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: Provided, however. That nothing herein contained shall prevent a seller rebutting the...
Page 219 - No person shall engage in this state in any trade practice which is defined in this Act, as or determined pursuant to this Act to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.
Page 571 - It is enough to say that Congress did not seek by the RobinsonPatman 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 345 - There is nothing to show a congressional purpose, in such a situation, to compel the seller to choose only between ruinously cutting its prices to all its customers to match the price offered to one, or refusing to meet the competition and then ruinously raising its prices to its remaining customers to cover increased unit costs. There is, on the other hand, plain language and established practice which permits a seller, through section 2 (b), to retain a customer by realistically meeting in good...
Page 2 - That unless the effect of the discrimination may be substantially to lessen competition or tend to create a monopoly in any line of commerce, in any section of the country, it shall be a complete defense for a seller to show that his lower price or the furnishing of services or facilities to any purchaser or purchasers was made in good faith to meet an equally low price of a competitor, or the services or facilities furnished by a competitor : Provided further.
Page 187 - That unless the evidence affirmatively shows that the effect of the discrimination may be substantially to lessen competition or tend to create a monopoly in any line of commerce, in any section of the country, it shall be a complete defense for a seller to show that his lower price or the furnishing of services or facilities to any purchaser or purchasers was made in good faith to meet an equally low price of a competitor, or the services or facilities furnished by a competitor...
Page 506 - 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 577 - ... substantially lessening competition or tending to create a monopoly, should not be allowed.