be given to the same. Such submission shall be in writing. The filing of such request shall not operate to delay the filing of the answer.

IN WITNESS WHEREOF, the Federal Trade Commission has caused this, its complaint, to be signed by the Secretary and its official seal to be hereto affixed, at Washington, D. C., this 14th day of August A. D., 1947.

By the Commission.

[SEAL]

OTIS B. JOHNSON, Secretary.

UNITED STATES OF AMERICA-BEFORE FEDERAL TRADE COMMISSION

Docket No. 5508

In the matter of American Iron & Steel Institute, an incorporated trade association, its directors and officers; and United States Steel Corporation, and the following of its subsidiaries, American Bridge Company, The American Steel & Wire Co. of New Jersey, Carnegie-Illinois Steel Corporation, Columbia Steel Company, Geneva Steel Company, National Tube Company, Tennessee Coal, Iron & Railroad Company, and Virginia Bridge Company; Bethlehem Steel Corporation, and the following of its subsidiaries, Bethlehem Pacific Coast Steel Corporation, Bethlehem Steel Company; Republic Steel Corporation, and its controlled company, Truscon Steel Company; The American Rolling Mill Company, and its subsidiary, Sheffield Steel Corporation of Ohio; National Steel Corporation, and the following of its subsidiaries, Wierton Steel Company, and Great Lakes Steel Company; Inland Steel Company, and its subsidiary, Milcor Steel Company; The Youngstown Sheet & Tube Company; Jones & Laughlin Steel Corporation; Wheeling Steel Corporation; Colorado Fuel and Iron Corporation; Crucible Steel Company of America; Pittsburgh Steel Company; Sharon Steel Corporation; Alan Wood Steel Company; Acme Steel Co.; Agaloy Tubing Co.; Allegheny Ludlum Steel Corp.; American Chain & Cable Co., Inc.; Atlantic Steel Co.; The Atlantic Wire Co.; The Babcock & Wilson Tube Co.; Bliss & Laughlin, Inc.; Continental-United Industries Company, Inc.; Buffalo Bolt Co.; Bundy Tubing Co.; A. M. Byers Co.; The Carpenter Steel Co.; Central Iron and Steel Co.; Chicago Steel & Wire Co.; Columbia Steel & Shafting Co.; Columbia Tool Steel Co.; Compressed Steel Shafting Co.; Connors Steel Co.; Continental Steel Corp.; Copperweld Steel Co.; The Cuyahoga Steel & Wire Co.; Detroit Steel Corp.; Henry Disston & Sons, Inc.; Eastern Stainless Steel Corp.; Edgewater Steel Co.; Empire Steel Corp.; Firth Sterling Steel & Carbide Corp.; Follansbee-Steel Corp.; Fretz-Moon Tube Co., Inc.; Granite City Steel Co.; Griffin Manufacturing Co.; Harrisburg Steel Corp.; International Detrola Corp.; Joslyn Manufacturing & Supply Co.; Judson Steel Corp.; Keystone Drawn Steel Co.; Keystone Steel & Wire Co.; Laclede Steel Co.; Latrobe Electric Steel Co.; Lukens Steel Co.; The Mahoning Valley Steel Co.; The Medart Co.; Mercer Tube and Manufacturing Co.; The Midvale Co.; Moltrup Steel Products Co.; National Standard Co.; The National Supply Co.; Northwestern Steel & Wire Co.; Pacific States Steel Corp.; The Phoenix Iron Co.; Pittsburgh Tool Steel Wire Co.; Pittsburgh Tube Co.; The Pollak Steel Co.; Reeves Steel and Mfg. Co.; John A. Roebling's Sons Co.; Rotary Electric Steel Co.; The Standard Tube Co.; Superior Steel Corp.; Sweet's Steel Co.; The Thomas Steel Co.; The Timken Roller Bearing Co.; Universal Cyclops Steel Corp.; Vanadium-Alloys Steel Co.; and its subsidiary, Anchor Drawn Steel Co.; Vulcan Crucible Steel Co.; Washington Steel Corp.; Western Automatic Machine Screw Co.; Wheatland Tube Co.; Wisconsin Steel Co.; Worth Steel Co.; and Wyckoff Steel Co.

AMENDED COMPLAINT

Pursuant to the provisions of an Act of Congress entitled "An Act to Create a Federal Trade Commission, to define its powers and duties, and for other pur

poses," approved September 26, 1914, and commonly known as the Federal Trade Commission Act, the Commission having reason to believe that the respondents herein named have violated the said Act of Congress, and it appearing to the Commission that a proceeding by it in respect thereof would be in the public interest, the Commission hereby issues its amended complaint stating its charges in that respect as follows:

ORGANIZATION AND DESCRIPTION OF RESPONDENTS

Paragraph One: Each of the parties named below in this paragraph One is hereby named as a respondent herein.

Pennsylvania..

Pennsylvania.

Indiana

Pennsylvania.
Pennsylvania.

Ohio.
Missouri.

Sometimes hereinafter the aforesaid American Iron & Steel Institute will be referred to as Respondent Institute. Its officers and directors sometimes will be referred to as officers and directors of Respondent Institute. Each of the other parties named above in this Paragraph One sometimes will be referred to as a Producer Respondent and, sometimes collectively, they will be referred to as Producer Respondents.

The following Producer Respondents are members of Respondent Institute, and they are sometimes hereinafter referred to as Members: Acme Steel Co.; Agaloy Tubing Co.; Alan Wood Steel Co.; Allegheny Ludlum Steel Corp.; The American Rolling Mill Co.; Anchor Drawn Steel Co.; Atlantic Steel Co.; The Atlantic Wire Co.; The Babcock & Wilcox Tube Co.; Bethlehem Steel Co.; Bliss & Laughlin, Inc.; Buffalo Bolt Co.; Bundy Tubing Co.; A. M. Byers Co.; The Carpenter Steel Co.; Central Iron and Steel Co.; Chicago Steel & Wire Co.; Colorado Fuel & Iron Corp.; Columbia Steel & Shafting Co.; Columbia Tool Steel Co.; Compressed Steel Shafting Co.; Connors Steel Co.; Continental Steel Corp.; Copperweld Steel Co.; Crucible Steel Co. of America; The Cuyahoga Steel & Wire Co.; Detroit Steel Corp.; Henry Disston & Sons, Inc.; Eastern Stainless Steel Corp.; Edgewater Steel Co.; Empire Steel Corp.; Firth Sterling Steel & Carbide Corp.; Follansbee Steel Corp.; Fretz-Moon Tube Co., Inc.; Granite City Steel Co.; Griffin Manufacturing Co.; Harrisburg Steel Corp.; Inland Steel Co.; Jones & Laughlin Steel Corp.; Joslyn Manufacturing & Supply Co.; Judson Steel Corp.; Keystone Drawn Steel Co.; Keystone Steel & Wire Co.; Laclede Steel Co.; Latrobe Electric Steel Co.; Lukens Steel Co.; The Mahoning Valley Steel Co.; The Medart Co.; Mercer Tube and Manufacturing Co.; The Midvale Co.; Moltrup Steel Products Co.; National Standard Co.; National Steel Corp.; Northwestern Steel & Wire Co.; Pacific States Steel Corp.; The Phoenix Iron Co.; Pittsburgh Steel Co.; Pittsburgh Tool Steel Wire Co.; Pittsburgh Tube Co.; The Pollak Steel Co.; Reeves Steel and Mfg. Co.; Republic Steel Corp.; John A. Roebling's Sons Co.; Rotary Electric Steel Co.; Sharon Steel Corp.; The Standard Tube Co.; Superior Steel Corp.; Sweet's Steel Co.; The Thomas Steel Co.; United States Steel Corp.; Universal Cyclops Steel Corp.;

Vanadium-Alloys Steel Co.; Vulcan Crucible Steel Co.; Washington Steel Corp.; Western Automatic Machine Screw Co.; Wheatland Tube Co.; Wheeling Steel Corp.; Wisconsin Steel Co.; Worth Steel Co.; Wyckoff Steel Co.; The Youngstown Sheet & Tube Co.

DESCRIPTION OF THE INDUSTRY AND THE INTERSTATE CHARACTER OF RESPONDENTS' BUSINESS

Paragraph Two: The steel industry is one of the basic industries of the nation. Respondent Producers produce and sell substantially all of the steel that is produced and sold in the country. According to reports of Respondent Institute, its members produce more than 96 percent of the country's total output of steel. The total dollar volume of their sales of the products involved herein in 1946 was approximately $5,000,000,000. The steel products which they produce and sell are regularly used in the production of automobiles, agricultural implements, tools and machinery, hardware, plumbing supplies, metal cans and containers, railroad equipment, homes, buildings, public buildings, bridges, dams, and other products and things and are of great importance to the public generally. The Federal, State, and municipal governments of the nation purchase large quantities of steel annually.

Producer Respondents, in the regular course of their business, are engaged in interstate commerce, as "commerce" is defined in the Federal Trade Commission Act, and in that connection have used the acts, policies, and methods hereinafter alleged. They sell and deliver across State boundary lines and in the District of Columbia large quantities of their products and supplies, and, in addition, sell and export steel products to purchasers thereof in foreign countries.

Respondents have the power to dominate and manipulate the markets in which their unorganized customers and consumers must buy their products and to frustrate, destroy, suppress, and eliminate competition between themselves. The American Iron and Steel Institute is made use of by Producer Respondents as a vehicle or medium for collective action and it assists the Producer Respondents in dominating and manipulating markets and in the carrying on of the unfair methods of competition hereinafter alleged. Collective action taken by Producer Respondents through respondent Institute in connection with the increase in steel prices which was announced during July 1947 is an instance in point.

OFFENSES CHARGED

Paragraph Three. For many years last past and continuing to the present time, respondents have combined, conspired and agreed to act collusively and have acted collusively, and are now acting collusively, in restraining, suppressing, frustrating and destroying competition in the sale of steel products, including but not restricted to (1) ingots; (2) semifinished rolled products (e. g. blooms, billets, tube rounds, sheet bars, tin-plate bars, and slabs); (3) finished rolled products (e. g. rails and accessory rail supplies, structural shapes, bars, wire rods, skelp, sheet steel piling, sheets, strip steel, and tin mill block plate); and (4) further finished steel products (e. g. cold finished bars, rods, sheets and strips, galvanized sheet and strip, terne plate and other coated sheet and strip tin plate, pipe and tubes, nails, wire and wire products) in commerce, as "commerce" is defined in the Federal Trade Commission Act and in violation of section 5 of the Federal Trade Commission Act (15 U. S. C. A. 45) in the commission of acts and the promulgation and use of policies, methods and practices hereinafter more particularly set forth in subparagraphs 1 to 3, inclusive, of this Paragraph Three and in each of the succeeding paragraphs, namely, Paragraph Four, Paragraph Five, Paragraph Six and Paragraph Seven.

1. They have collusively composed, established and announced prices

(a) through the maintenance and use of the basing point practices and methods particularly described, set forth and alleged in Paragraph Four; (b) through the collective compilation of pricing factors more particularly described, set forth and alleged in Paragraph Five; and

(c) through collective designation of certain steel products as "base products" for pricing purposes as is more particularly described, set forth and alleged in Paragraph Six.