Hearings, Reports and Prints of the House Committee on the JudiciaryU.S. Government Printing Office, 1961 |
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Common terms and phrases
$10 million 60 days 85th Congress acquired firm acquiring corporation acquisition of stock amendment American Bar Association Antitrust Division antitrust laws approval Association Attorney authority bank holding company bill Celler Celler-Kefauver Act CHAIRMAN Clayton Act commerce Commission or Board committee complaint Congress consummation corporate mergers CRABTREE Department of Justice district court divestiture DIXON economic effect EMANUEL CELLER enactment enforcement agencies exemption Federal Trade Commission filed Government HAGEDORN hearings industry investigation issue Justice Department lessen competition MALETZ McCULLOCH MEADER ment merger or acquisition mergers and acquisitions merging number of mergers operating paragraph partially developed mineral PAUL RAND pending percent preliminary injunction premerger notification present procedures proposed legislation proposed merger pursuant request restraining order retail section 11 securities seek share capital significant mergers SPRUNK statement status quo stock or assets timberland properties tion transaction undeveloped or partially violation WAGNER waiting period waiting requirements
Popular passages
Page 33 - 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 37 - SEC. 4. The several circuit courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this act; and it shall be the duty of the several district attorneys of the United States, in their respective districts, under the direction of the Attorney General, to institute proceedings in equity to prevent and restrain such violations.
Page 23 - Such proceedings may be by way of petition setting forth the case and praying that such violation shall be enjoined or otherwise prohibited. When the parties complained of shall have been duly notified of such petition the court shall proceed, as soon as may be, to the hearing and determination of the case; and pending such petition and before final decree, the court may at any time make such temporary restraining order or prohibition as shall be deemed just in the premises.
Page 34 - 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 thereof, or from owning...
Page 33 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce, where the effect of such acquisition may be to substantially lessen competition...
Page 34 - ... 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 48 - ... the Commission by any of its attorneys designated by it for such purpose may bring suit in a district court of the United States...
Page 10 - Nothing contained in this section shall be held to affect or impair any right heretofore legally acquired: Provided, That nothing in this section shall be held or construed to authorize or make lawful anything heretofore prohibited or made illegal by the antitrust laws, nor to exempt any person from the penal provisions thereof or the civil remedies therein provided.
Page 26 - Act of 1938 ; in the Federal Reserve Board where applicable to banks, banking associations, and trust companies; and in the Federal Trade Commission where applicable to all other character of commerce...
Page 37 - ... may be pending that the ends of justice require that other parties should be brought before the court, the court may cause them to be summoned, whether they reside in the district in which the court is held or not; and subpoenas to that end may be served in any district by the marshal thereof.