Investigation of Conglomerate Corporations, a Report by the Staff of the Antitrust Subcommittee of ..., June 1, 19711971 - 703 pages |
Common terms and phrases
accounting acquired companies Acquired locations aggregate concentration Antitrust Antitrust Subcommittee Avis Bank Braniff Airways business and principal cash CBWL Celler-Kefauver Act Chairman Chemical common stock competition conglomerate mergers Continental Baking Corp Corporation directors dividend Division earnings economic equipment equity February firms FTC Staff Report Geneen growth Gulf & Western HARKINS Hearings increase Industries interest International investment J&L Steel January Jones & Laughlin June largest Lazard Freres Leasco leasing less than 100 Ling-Temco-Vought Litton after acquisition Litton does business Litton Industries Locations opened locations with 100 Long-term debt LTV's Manager's Monthly Letter manufacturing market concentration ment merger movement million National Net income Okonite opened by Litton percent pooling preferred stock principal activity profit purchase ratios reciprocity RENCHARD revenues Sales and Service sales office securities shares subsidiaries Theater operation tion transaction trust United Wilson Wilson & Co Wilson Sporting York
Popular passages
Page 701 - That any person, firm, corporation, or association shall be entitled to sue for and have injunctive relief, in any court of the United States having jurisdiction over the parties, against threatened loss or damage by a violation of the antitrust laws...
Page 400 - Dictionary (Merriam) defines synergism as "cooperative action of discrete agencies such that the total effect is greater than the sum of the two effects taken independently, as in the action of the mixtures of certain drugs.
Page 702 - Act supplements and does not replace section 7 of the Clayton Act and sections 1 and 2 of the Sherman Act as applied to mergers.
Page 696 - person," or "persons," wherever used in this act shall be deemed to include corporations and associations existing under or authorized by the laws of either the United States, the laws of any of the Territories, the laws of any State, or the laws of any foreign country.
Page 568 - Branch of the plaintiff except in the course of legal proceedings to which the United States is a party for the purpose of securing compliance with this Final Judgment, or as otherwise required by law.
Page 55 - Power has, in fact, passed to what anyone in search of novelty might be justified in calling a new factor of production. This is the association of men of diverse technical knowledge, experience or other talent which modern industrial technology and planning require.
Page 701 - Act, when and under the same conditions and principles as injunctive relief against threatened conduct that will cause loss or damage is granted by courts of equity, under the rules governing such proceedings, and upon the execution of proper bond against damages for an injunction improvidently granted and a showing that the danger of irreparable loss or damage is immediate, a preliminary injunction may issue...
Page 19 - Reports they were, in some instances in haec verba, (1) to limit future increases in the level of economic concentration resulting from corporate mergers and acquisitions...
Page 8 - The dominant theme pervading congressional consideration of the 1950 amendments was a fear of what was considered to be a rising tide of economic concentration in the American economy. Apprehension in this regard was bolstered by the publication in 1948 of the Federal Trade Commission's study on corporate mergers. Statistics from this and other current studies were cited as evidence of the danger to the American economy in unchecked corporate expansions through mergers. Other considerations cited...
Page 418 - For the purposes of this Act, market power shall mean the persistent ability of a person, or of a group of persons whether or not acting pursuant to agreement or conspiracy, to restrict output or determine prices without losing a substantial share of the market, or without losing substantial profits or incurring heavier losses, because of the increased output or lower prices of rivals.