Amendment of Federal Trade Commission Act and Establishment of a Federal Trade Court: Hearings, Seventy-second Congress, First SessionU.S. Government Printing Office, 1932 - 307 pages Considers (72) S. 2626, (72) S. 2627, (72) S. 2628. |
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agreement amendment antitrust laws approve or accept arbitration Association bidders bids BUSKIRK cent Chairman Clayton Act coal Cold Storage commerce commission substituted commodity CONGRESS contract cooperative creamery create a monopoly customers dealer Department of Justice discrimination in price effect eliminate EMMERTZ enforce farmers favor Federal Trade Commission FLANNERY following for rule GERALD Grocery Group HOUGH injuring a competitor Judiciary Committee legislation lessen competition LIBRARY lime manufacturers marble ment methods of competition Nye bills operate present price discrimination price fixing production proposed public interest published October 25 purchasers purpose question represent secretary selling below cost Senator AUSTIN Senator BRATTON Senator HASTINGS Senator NYE Senator STEIWER Sherman Act statement statute submitted substituted and approved tend to create timber tion to-day Trade Commission act trade or industry trade practice conference trust laws unfair methods unfair trade practice United United States Senate violation Washington
Popular passages
Page 84 - That it shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality...
Page 285 - It shall be unlawful for any person engaged in commerce, in the course of such commerce, to lease or make a sale or contract for sale of goods, wares, merchandise, machinery, supplies, or other commodities, whether patented or unpatented, for use, consumption, or resale within the United States or any Territory thereof or the District of Columbia or any insular possession or other place under the jurisdiction of the United States...
Page 186 - Act, or to sell, charge for, or purport to deliver from any state or Territory or the District of Columbia to any other State or Territory or the District of Columbia...
Page 50 - And provided further, That nothing herein contained shall prevent persons engaged in selling goods, wares, or merchandise in commerce from selecting their own customers in bona fide transactions and not in restraint of trade.
Page 86 - Inducing or attempting to induce the breach of existing lawful contracts between competitors and their customers or their suppliers by any false or deceptive means whatsoever, or interfering with or obstructing the performance of any such contractual duties or services by any such means, with the purpose and effect of unduly hampering, injuring, or prejudicing competitors in their business, is an unfair trade practice.
Page 86 - The making or causing or permitting to be made or published any false, untrue, or deceptive statement by way of advertisement or otherwise concerning the grade, quality, quantity, substance, character, nature, origin, size, or preparation...
Page 101 - 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...
Page 288 - ... whatever difference of opinion there may be among economists as to the social and economic desirability of an unrestrained competitive system, it cannot be doubted that the Sherman Law and the judicial decisions interpreting it are based upon the assumption that the public interest is best protected from the evils of monopoly and price control by the maintenance of competition....
Page 288 - The aim and result of every price-fixing agreement, if effective, is the elimination of one form of competition. The power to fix prices, whether reasonably exercised or not, involves power to control the market and to fix arbitrary and unreasonable prices.
Page 284 - Negatively it does not mean that a business is affected with a public interest merely because it is large or because the public are warranted in having a feeling of concern in respect of its maintenance (Id., p.