Economic Concentration, Volumes 2-4 |
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Common terms and phrases
accounted acquired acquisitions activity American antitrust appear assets BLAIR census Chemical committee companies competition concentration concerned conglomerate Corp corporations costs COULTER course Court crude oil economic effect employment engines equipment evidence example existing facilities fact field firms going Government growth idea important increase independent indicated individual industry innovation integrated interest invention inventor involved large firms largest less machinery major manufacturing means measure merger metal million monopoly natural operating organization particular patent percent period plants possible present problem Professor profits purchase question ratios reasons record referred refining relatively reported result Senator Hart Senator HRUSKA share significant smaller statement statistical steel structure suggest technical tion United University
Popular passages
Page 687 - No corporation 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...
Page 1120 - There is no more pleasant fiction than that technical change is the product of the matchless ingenuity of the small man forced by competition to employ his wits to better his neighbor. Unhappily, it is a fiction.
Page 1118 - The reasonable man adapts himself to the world : the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.
Page 688 - The boundaries of such a submarket may be determined by examining such practical indicia as industry or public recognition of the submarket as a separate economic entity, the product's peculiar characteristics and uses, unique production facilities, distinct customers, distinct prices, sensitivity to price changes, and specialized vendors.
Page 809 - It rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress, while at the same time providing an environment conducive to the preservation of our democratic political and social institutions.
Page 1233 - I say, technically, I don't think anybody in the world knows how to do such a thing, and I feel confident it will not be done for a very long period of time to come. ... I think we can leave that out of our thinking. I wish the American public would leave that out of their thinking.
Page 572 - market" which one must study to determine when a producer has monopoly power will vary with the part of commerce under consideration. The tests are constant. That market is composed of products that have reasonable interchangeability for the purposes for which they are produced — price, use and qualities considered.
Page 695 - The four railroad cases at least stand for the proposition that where merging companies are major competitive 673 factors in a relevant market, the elimination of significant competition between them, by merger or consolidation, itself constitutes a violation of § 1 of the Sherman Act.
Page 690 - Such a test lightens the burden of proving illegality only with respect to mergers whose size makes them inherently suspect in light of Congress' design in § 7 to prevent undue concentration.
Page 563 - The merger of appellees will result in a single bank's controlling at least 30% of the commercial banking business in the four-county Philadelphia metropolitan area. Without attempting to specify the smallest market share which would still be considered to threaten undue concentration, we are clear that 30% presents that threat...
Bibliographic information
| Title | Economic Concentration, Volumes 2-4 Economic Concentration, United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly |
| Author | United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly |
| Publisher | U. S. Government Pring. Office, 1964 |
| Original from | the Library of Congress |
| Digitized | 29 Mar 2007 |
| Length | 2 pages |
| Export Citation | BiBTeX EndNote RefMan |