Investigation of Concentration of Economic Power: Monograph No. 1[-43]U.S. Government Printing Office, 1941 - Big business |
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agreement Agricultural American antitrust assets average Bureau capital cents chain-store charges cheese Columbia Gas commerce competition concentration consumers contract costs Court cubic feet dairy dealers Detroit distribution Eastern Pipe Line effect enterprises equipment factors farm Federal Trade Commission financing firms food industries Gas & Electric gas pipe line grocery chains gross savings important increase independent interest International Harvester Co investment J. I. Case Co Kansas manufacturers margins meat packers ment methods milk milling million Minneapolis-Moline monopolistic monopoly National Economic Committee natural gas pipe Ohio operating output Panhandle Eastern Pipe patents percentage perfect competition Pipe Line Company Power profits purchase restraint of trade retail Robinson-Patman Act rules sell Sherman Act Shredded Wheat Standard Oil Co supply Temporary National Economic Texas tion unfair trade practice United utility volume wholesale
Popular passages
Page 14 - The aim and result of every price-fixing agreement, if effective, is the elimination of one form of competition. The power to fix prices, whether reasonably exercised or not, involves power to control the market and to fix arbitrary and unreasonable prices. The reasonable price fixed today may through economic and business changes become the unreasonable price of tomorrow.
Page 35 - Commission is responsible for the administration and enforcement of the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Trust Indenture Act of 1939, the Investment Company Act of 1940, and the Investment Advisers Act of 1940.
Page 14 - Agreements which create such potential power may well be held to be in themselves unreasonable or unlawful restraints, without the necessity of minute inquiry whether a particular price is reasonable or unreasonable as fixed and without placing on the government in enforcing the Sherman Law the burden of ascertaining from day to day whether it has become unreasonable through the mere variation of economic conditions.
Page 194 - For the purposes of this resolution the committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such...
Page 10 - restraint of trade " at common law and in the law of this country at the time of the adoption of the Anti-trust Act only embraced acts or contracts or agreements or combinations which operated to the prejudice of the public interests by unduly restricting competition or unduly obstructing the due course of trade...