Planning, Regulation, and Competition: Automobile Industry, 1968: Hearings Before Subcommittees [Subcommittee on Monopoly and Subcommittee on Retailing, Distribution, and Marketing Practices] of the Select Committee on Small Business, U.S. Senate, Ninetieth Congress, Second Session ... July 10 and 23, 1968U.S. Government Printing Office, 1969 - 1091 pages |
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accounting action advertising American Motors antitrust laws auto industry Automatic Radio automobile industry automobile manufacturers automobile radios board of directors brakes Buick Cadillac capital car radios Chairman charges Chevrolet Chevy II Chrysler Clayton Act COMMITTEE EXHIBIT companies competition complaint consumer Corporation cost Court custom radios D.C. DEAR dealers Detroit discount economic engine executive factory Federal Trade Commission filed finance firms Ford Motor Ford Motor Co Ford Motor Company franchise GAYLORD NELSON GM's GMAC Government hearing HOUSMAN innovation installed July July 9 June labor letter material ment mergers Motors Corp Nader optional percent Preferred Stock president price increases problem profit purchase question Ralph Nader record safety sell Senator MORSE Senator Nelson shares Sherman Act Small Business statement stockholders tion U.S. Senate United violation Wall Street Journal warranty Washington WAYNE MORSE windshield
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Page 174 - Findings of fact shall not be set aside unless clearly erroneous, and due regard shall be given to the opportunity of the trial court to judge of the credibility of the witnesses.
Page 136 - ... the Board of Directors in the management of the business and affairs of the corporation...
Page 239 - 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 between the corporation whose stock is so acquired and the corporation making the acquisition, or to restrain such commerce...
Page 239 - Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal. Every person who shall make any such contract or engage in any such combination or conspiracy shall be deemed guilty of a misdemeanor...
Page 239 - Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a misdemeanor, and, on conviction thereof, shall be punished by...
Page 422 - The combined budgets of the Federal Trade Commission and the Antitrust Division of the Justice Department have always been trivial as compared with the task they are given to accomplish and the size of the economy.
Page 179 - Black explained the appropriateness of, and the need for, per se rules: "[T]here are certain agreements or practices which because of their pernicious effect on competition and lack of any redeeming virtue are conclusively presumed to be unreasonable and therefore illegal without elaborate inquiry as to the precise harm they have caused or the business excuse for their use.
Page 115 - ... or shall have set aside from its surplus or net profits a sum sufficient for the payment thereof, the board of directors may declare dividends on the common stock, payable then or thereafter, out of any remaining surplus or net profits.
Page 111 - We, the undersigned, in order to form a corporation for the purposes hereinafter stated, under and pursuant to the provisions of the act of the legislature of the State of New Jersey entitled "An act concerning corporations" (revision of 1896), and the acts amendatory thereof and supplemental thereto, do hereby certify as follows: First.
Page 135 - ... any action, suit or proceeding in which he is made a party by reason of his being or having been a director of the corporation...