Auto Financing Legislation: Hearings Before the Antitrust Subcommittee (Subcommittee No. 5) of the Committee on the Judiciary, House of Representatives, Eighty-seventh Congress, First Session, on H.R. 71, a Bill to Supplement the Antitrust Laws of the United States Against Restraint of Trade Or Commerce by Preventing Manufacturers of Motor Vehicles from Financing and Insuring the Sales of Their Products, Part 1 |
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Common terms and phrases
advantage American Finance Conference amount Antitrust Attorney auto automobile finance automobile manufacturers banks bill borrowing buyer capital cars CASSAT CHAIRMAN Chrysler Chrysler Corporation committee Common Equity competitive Congress consent decree contract Corp cost court CRABTREE dealer or prospective debt defendant Department of Justice divestiture DONNER eral Motors factory Federal Trade Commission finance and insurance finance charge Ford Motor Ford Motor Co Ford Motor Company franchise GM dealers GM's GMAC GMAC's hearings income independent finance companies independent sales finance industry installment interest JONES legislation LOEVINGER MALETZ McCULLOCH MEADER monopoly motor vehicles Motors Acceptance Corporation Motors Corporation Motors dealers net worth operating pack panies paper paragraph PATMAN percent profit prospective dealer purchase ratio registered finance company res adjudicata Respondent Finance Company retail Risk Assets sales finance companies sell Senate Sherman Act statement STRADELLA Subcommittee subparagraph subsidy tion Total Assets wholesale financing worth
Popular passages
Page 426 - 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 643 - That any person who shall be injured in his business or property by reason of anything forbidden in the antitrust laws may sue therefor in any district court of the United States in the district in which the defendant resides or is found or has an agent, without respect to the amount in controversy, and shall recover threefold the damages by him sustained, and the cost of suit, including a reasonable attorney's fee.
Page 859 - is free to recognize degrees of harm and it may confine its restrictions to those classes of cases where the need is deemed to be clearest." If "the law presumably hits the evil where it is most felt, it is not to be overthrown because there are other instances to which it might have been applied.
Page 3 - Commerce" means commerce among the several States or with foreign nations, or in any Territory of the United States or in the District of Columbia, or between any such Territory and another, or between any such Territory and any State or foreign nation, or between the District of Columbia and any State or Territory or foreign nation. "Corporation...
Page 189 - On this day of , 19 , personally appeared before me, a notary public, _ , to me known and known to me to be the person who executed the foregoing statement, and...
Page 845 - And the guaranty of due process, as has often been held, demands only that the law shall not be unreasonable, arbitrary, or capricious, and that the means selected shall have a real and substantial relation to the object sought to be attained.
Page 178 - ... the provisions of the Act of July 2, 1890. entitled "An act to protect trade and commerce against unlawful restraints and monopolies", as amended, commonly known as the Sherman Act, 15 USCA § 1 et seq.
Page 858 - A distinction in legislation is not arbitrary if any state of facts reasonably can be conceived that would sustain it, and the existence of that state of facts at the time the law was enacted must be assumed.
Page 4 - SEC. 4. The several circuit courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this act ; and it shall be the duty of the several district attorneys of the United States, in their respective districts, under the direction of the attorney general, to institute proceedings in equity to prevent and restrain such violations.
Page 155 - Jurisdiction of .this cause is retained for the purpose of enabling any of the parties to this decree to apply to the Court at any time for such further orders and directions as may be necessary or appropriate for the construction or carrying out of this...