Economic Concentration, Volumes 2-4 |
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Page 548
... result then is a widespread change in economic efficiency rather than a simple passing on of a higher price to the ... resulting adjustment is only in the behavior of the consumer . The major effect is in the terms of a transfer of ...
... result then is a widespread change in economic efficiency rather than a simple passing on of a higher price to the ... resulting adjustment is only in the behavior of the consumer . The major effect is in the terms of a transfer of ...
Page 565
... result in a single bank's controlling at least 30 percent 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 ...
... result in a single bank's controlling at least 30 percent 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 ...
Page 573
... result of such movements across traditional industry lines has been an increase in the number of competitors , large increases in capacity , and price cutting . The resulting conglomerate has been pro- viding a new dimension to ...
... result of such movements across traditional industry lines has been an increase in the number of competitors , large increases in capacity , and price cutting . The resulting conglomerate has been pro- viding a new dimension to ...
Page 574
... result has been that the products of the chemical industry are among those with the highest growth rates . The extensive interindustry and interproduct competition *** testify to the effectiveness of these research efforts which have ...
... result has been that the products of the chemical industry are among those with the highest growth rates . The extensive interindustry and interproduct competition *** testify to the effectiveness of these research efforts which have ...
Page 575
... result is a highly productive plant which , when combined with their much lower labor costs , has made it possible for foreign producers at times to undersell our domestic concerns . As a result , numerous products have flowed into ...
... result is a highly productive plant which , when combined with their much lower labor costs , has made it possible for foreign producers at times to undersell our domestic concerns . As a result , numerous products have flowed into ...
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Common terms and phrases
acquiring company acquisitions aircraft aluminum American antitrust assets basic BLAIR California census centration Chemical CHUMBRIS Clayton Act COHEN committee competition competitors concentration ratios conglomerate conglomerate mergers Corp corporations costs COULTER Court crude oil diversification economic economists effect employment engines equipment Fabricated metal fact Federal Trade Commission Goddard growth Honolulu important increase Industry category innovation integrated invention Kaysen large firms largest machinery major manufacturing market share ment merger activity metal million mills monopoly MUELLER National natural gas natural gas liquids number of firms oligopolistic oligopoly operating ORRICK output panies Paperboard patent percent petroleum plants problem Professor profits purchase question refinery refining relatively research and development result rocket Senator FONG Senator HART Senator HRUSKA Sherman Act significant small firms smaller statistical steel structure subcommittee technical Tidewater tion U.S. SENATE United Wall Street Journal
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...