A Study of the Antitrust Laws: Corporate mergers

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U.S. Government Printing Office, 1955 - Antitrust law - 4617 pages
 

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Page 456 - 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 719 - District bank, or (ii) of the Board of Governors of the Federal Reserve System if the acquiring, assuming, or resulting bank is to be a State member bank (except a District bank...
Page 679 - ... Commissioners, must be subject to supervision and inspection by such authority and must be examined periodically as to its financial condition and other affairs by such authority, must hold the securities and similar investments of the separate account in its vault, which vault must be equivalent to that of a bank which is a member of the Federal Reserve System, and must have a combined capital and surplus, if a stock company, or an unassigned surplus, if a mutual company, of not less than $1,000,000...
Page 597 - ... more complex, and sometimes indirect. But whatever the varied shapes and forms these acts against competition may assume, their effect is much the same: to injure and weaken competition, whether by suppression, coercion, deceit, boycott or other kinds of economic conduct. The work of the Antitrust Division of the Department of Justice and of the Federal Trade Commission in prosecuting these and similar tangible acts against competition — or combinations to commit such acts — has contributed...
Page 684 - ENFORCEMENT AUTHORITY The pending bills would leave unchanged those provisions of the Clayton Act which now vest in the Board of Governors authority to enforce the provisions of section 7 of that act where applicable to banks. Under present law, that authority is limited by reason of the statute's applicability only to acquisitions of bank stock. Under...
Page 633 - State, inter alia, from entering into any agreement or compact with another . State, or with a foreign power, without the consent of Congress.
Page 677 - Commission shall acquire the whole or any part of the assets of one or more corporations engaged in commerce, where in any line of commerce in any section of the country, the effect of such acquisition...
Page 592 - Power that controls the economy should be in the hands of elected representatives of the people, not in the hands of an industrial oligarchy. Industrial power should be decentralized. It should be scattered into many hands so that the fortunes of the people will not be dependent on the whim or caprice, the political prejudices, the emotional stability of a few self-appointed men.
Page 444 - Competition to the extent necessary to assure the sound development of an air-transportation system properly adapted to the needs of the foreign and domestic commerce of the United States, of the Postal Service, and of the national defense...
Page 856 - Must we, as a matter of inexorable inevitability, accept the proposition that what is good for General Motors is good for the country?