Legislation Affecting Sections 7, 11, and 15 of the Clayton Act: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fifth Congress, Second Session, Pursuant to S. Res. 231, on S. 198 [and Others]
U.S. Government Printing Office, 1958 - Antitrust law - 316 pages
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acquired acquisition action additional advertising agency amended antitrust appeals apply approval assets Association Attorney authority bank believe bill capital Chairman Clayton Act commerce Commission or Board Committee Company competition complaint Congress consideration considered container corporation counsel Country course court decision Department developed Dixon effect enforcement engaged examiner exemption existing fact Farm Journal Federal Trade Commission filed final findings further give Government GWYNNE hearing Helens House increased industry injunction interest involved issued jurisdiction legislation limited manufacture matter means merger mill million mining monopoly notice notification operated paper PARAGRAPH parties percent period person practices premerger present prior procedure proceeding production proposed provisions pulp purchase question reason record requirements respondent result Senator KEFAUVER share statement substantial tion tons transactions United violation voting waiting
Page 86 - States a civil penalty of not more than $5,000 for each violation, which shall accrue to the United States and may be recovered in a civil action •brought by the United States.
Page 13 - Commission shall 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 309 - Any person may make application, and upon good cause shown may be allowed by the commission or board, to intervene and appear in said proceeding by counsel or in person. The testimony in any such proceeding shall be reduced to writing and filed in the office of the commission or board.
Page 309 - Until a transcript of the record in such hearing shall have been filed in a circuit court of appeals of the United States, as hereinafter provided, the commission or board may at any time, upon such notice and in such manner as it shall deem proper, modify or set aside, in whole or in part, any report or any order made or issued by it under this section.
Page 2 - 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 222 - If either party shall apply to the court for leave to adduce additional evidence, and shall show to the satisfaction of the court that such additional evidence is material and that there were reasonable grounds for the failure to adduce such evidence in the proceeding before the commission...
Page 3 - 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 5 - 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 7 - ... be set aside. A copy of such petition shall be forthwith served upon the commission or board, and thereupon the commission or board forthwith shall certify and file in the court a transcript of the record as hereinbefore provided.