Competitive Absorption of Transportation Costs: Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-first Congress, First Session, on S. 236, a Bill to Clarify and Formulate a Consistent and Coordinated National Policy with Respect to the Transportation Costs in Interstate Commerce; to Strengthen the Antitrust Laws of the United States and to Provide for Their More Effective Enforcement; and to Promote Competition by Permitting Sellers to Have Access to Distant MarketsU.S. Government Printing Office, 1949 - 343 pages |
Other editions - View all
Common terms and phrases
absorb freight agreement or conspiracy amendment antitrust laws basing point basing-point system basis believe BERGSON bill BRUBAKER buyer canner CHAIRMAN Clayton Act collusion Commission's committee compete competitors Congress consumers customers DAVIS DAWKINS decision effect f. o. b. mill pricing f. o. b. pricing fact February 17 Federal Trade Commission freight absorption freight rates geographic pricing injure Interstate Commerce Interstate Commerce Commission KITTELLE legislation located lower price MAHAFFIE manufacturer meet competition method of competition monopoly opinion permit phantom freight PHELPS Pittsburgh plant price present price discrimination price fixing pricing practice pricing system purchasers question respondents result Rigid Steel Conduit Robinson-Patman Act seller selling Senator CAPEHART Senator MCMAHON Sherman Act Sherman Antitrust Act SIMON statement subcommittee Supreme Court tion Trade Commission Act transportation costs unfair method uniform delivered prices United States Senate unlawful violation Wisconsin ZIMMERMAN zone pricing
Popular passages
Page 322 - ... unfair method of competition under section 5 of the Federal Trade Commission Act.
Page 287 - Act violation may as a matter of law constitute an "unfair method of competition" prohibited by the Trade Commission Act. A major purpose of that Act, as we have frequently said, was to enable the Commission to restrain practices as "unfair" which, although not yet having grown into Sherman Act dimensions would, most likely do so if left unrestrained. The Commission and the courts were to determine what conduct, even though it might then be short...
Page 85 - 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 same or different communities made in good faith to meet competition...
Page 121 - January 1, 1948 ... the Sherman Act ... the Clayton Act, and the . . . Federal Trade Commission Act . . . shall be applicable to the business of insurance to the extent that such business is not regulated by State law.
Page 287 - Effective competition requires that traders have large freedom of action when conducting their own affairs. Success alone does not show reprehensible methods, although it may increase or render insuperable the difficulties which rivals must face.
Page 289 - Section 2 (b) permits a single company to sell one customer at a lower price than it sells to another if the price is 'made in good faith to meet an equally low price of a competitor.
Page 314 - SEC. 11." That authority to enforce compliance with sections 2, 3, 7, and 8 of this Act by the persons respectively subject thereto is hereby vested in the Interstate Commerce Commission where applicable to common carriers subject to the Interstate Commerce Act , as amended...
Page 69 - The section [2 (b)] presently permits sellers to justify otherwise forbidden price discriminations on the ground that the lower prices to one set of buyers were made in good faith to meet the equally low prices of a competitor.