Economic Concentration, Volume 7U. S. Government Pring. Office, 1964 - 2 pages |
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Common terms and phrases
agreements Alcan aluminum American ARNDT authorities banks BERNINI BLAIR Britain British capital cartels central Chairman CHUMBRIS Commission committee Common Market companies competition concentration ratios conglomerate consumer corporations costs COULTER countries Czechoslovakia DIRLAM DODGE domestic dominant economic power economists effect efficiency enterprises Europe European export Fair Trade Commission Federal Federal Trade Commission firms foreign France Government Greece groups growth HADLEY important income increase interest investment Japan Japanese KRONSTEIN labor largest manufacturing ment merger Mitsui Monopolies Commission monopolistic monopoly nomic oligopolistic oligopoly organization output percent planning plant position Privredni Pregled problem production profits question recent reforms restrictive result scale sector Senator FONG Senator HART share SOHMEN Soviet Union STALLER statement statistics steel industry structure subcommittee subsidiaries Thank tion trade United West Germany Yugoslav Yugoslavia zaibatsu
Popular passages
Page 3884 - 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, of such stocks or assets, or of the use of such stock by the voting or granting of proxies or otherwise, may be substantially to lessen competition, or to tend to create a monopoly.
Page 3887 - 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. 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...
Page 3726 - ... that the ownership and control of the material resources of the community are so distributed as best to subserve the common good; c. that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment; d.
Page 3882 - The inference is overwhelming that du Pont's commanding position was promoted by its stock interest and was not gained solely on competitive merit.
Page 3883 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce...
Page 3891 - The statutory policy of fostering free competition is obviously furthered when no supplier has an advantage over his competitors from an acquisition of his customer's stock likely to have the effects condemned by the statute. We repeat, that the test of a violation of § 7 is whether at the time of suit there is a reasonable probability that the acquisition is likely to result in the condemned restraints.
Page 3727 - It is a basic premise in India's Five Year Plans that, through democracy and widespread public participation, development along socialist lines will secure rapid economic growth and expansion of employment, reduction of disparities in income and wealth, prevention of concentration of economic power, and creation of the values and attitudes of a free and equal society" (Third Five Year Plan, p.9, sec.
Page 3887 - Broadly stated, the bill, in its treatment of unlawful restraints and monopolies, seeks to prohibit and make unlawful certain trade practices which, as a rule, singly and in themselves, are not covered by the act of July 2, 1890 or other existing anti-trust acts, and thus, by making these practices illegal, to arrest the creation of trusts, conspiracies, and monopolies in their incipiency and before consummation.
Page 3884 - ... lessen competition between the corporation whose stock Is so acquired and the corporation making the acquisition, or to restrain such commerce In any section or community, or tend to create a monopoly of any line of commerce.
Page 3803 - ... combining factors of production and choosing the scale of output of a plant, for determining the output of an industry, for the allocation of resources, and for the parametric use of prices in accounting. Finally, it fixes the prices so as to balance the quantity supplied and demanded of each commodity. It follows that a substitution of planning for the functions of the market is quite possible and workable.