Amending Sections 7 and 11 of the Clayton Act: Hearing Before Subcommittee No. 3 of ... 81-1, on H.R. 988, H.R. 1240, H.R. 2006, H.R. 2734 ... , May 18, 1949 |
Common terms and phrases
acquired acquisition of assets Aluminum Co amended American Tobacco Co antitrust laws apply asset acquisitions Attorney Authority Bethlehem big business bill BLAIR Board BYRNE capital CELLER Clayton Act Commission's committee common carrier competitors concerns Congress conspiracy cotton court of appeals create a monopoly decision district court Dun & Bradstreet economic effect employees enterprises fabric fact Federal Trade Commission firms FISCHER going Granite City HOWELL integration interests International Salt Co Jones & Laughlin legislation line of commerce manufacturing McMATH merger movement mills monopoly power MONTAGUE operating ownership Paramount Pictures percent person plants present production prohibit purchase record Republic Steel Corp result Rheem Schine sell Senator FERGUSON Senator O'Mahoney Sherman Act small business spindles steel companies Steel Corp steel drums stock acquisition substantially lessen competition Supreme Court tend to create tion United States Steel unlawful violation WOODEN
Popular passages
Page 4 - Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce in any section of the country, the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.
Page 116 - ... it shall make a report in writing in which it shall state its findings as to the facts, and shall issue and cause to be served on such person an order requiring such person to cease and desist from such violations, and divest itself of the stock held...
Page 4 - This section shall not apply to corporations purchasing such stock solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition.
Page 10 - States, within any circuit where the method of competition in question was used or where such person, partnership, or corporation resides or carries on business...
Page 4 - If either party shall apply to the court for leave to adduce additional evidence, and shall show to the satisfaction of the court that such additional evidence is material and that there were reasonable grounds for the failure to adduce such evidence in the proceeding before the commission or...
Page 3 - The person so complained of shall have the right to appear at the place and time so fixed and show cause why an order should not be entered by the commission or board requiring such person to cease and desist from the violation of the law so charged in said complaint.
Page 9 - Nor shall anything contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions thereof, or from owning and holding all or a part of the stock of such subsidiary corporations, when the effect of such formation is not to substantially lessen competition.
Page 54 - It insists that it never excluded competitors; but we can think of no more effective exclusion than progressively to embrace each new opportunity as it opened, and to face every newcomer with new capacity already geared into a great organization, having the advantage of experience, trade connections and the elite of personnel. Only in case we interpret "exclusion...
Page 4 - ... owning all or any part of the stock of a branch or short line constructed by an independent company where there is no substantial competition between the company owning the branch line so constructed and the company owning the main line acquiring the property or an interest therein...
Page 4 - Commission that a proceeding by it in respect thereof would be to the interest of the public, it shall issue and serve upon such person, partnership, or corporation a complaint stating its charges in that respect, and containing a notice of a hearing upon a day and at a place therein fixed at least thirty days after the service of said complaint.