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" That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce, where the effect of such acquisition may be to substantially lessen... "
Official Report of the National Foreign Trade Convention - Page 60
1915
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Official Opinions of the Attorneys General of the United States ..., Volume 33

United States. Department of Justice - Administrative law - 1924 - 702 pages
...the effect of such acquisition may be substantially to lessen competition between them or to restrain commerce in any section or community or tend to create a monopoly of any line of commerce. It is obvious that the acquisition of the stock of one company by another is not prohibited where all...
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Principles of Railway Transportation

Eliot Jones - Railroads - 1924 - 668 pages
...the effect of such acquisition might be to lessen substantially competition between them, or restrain commerce in any section or community, or tend to create a monopoly of any line of commerce. A similar provision was made with regard to holding companies, not themselves engaged in commerce,...
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The New Larned History for Ready Reference, Reading and Research ..., Volume 10

Josephus Nelson Larned - History - 1924 - 942 pages
...effect of such acquisition may be 10 substantially lessen competition" between the two corporations, "or to restrain such commerce in any section or community," or tend to create a monopoly. This shall not prevent corporations from holding such stock simply for investment, its voting power...
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Annual Report of the Federal Trade Commission for the Fiscal Year Ended ...

United States. Federal Trade Commission - Trade regulation - 1925 - 936 pages
...or tend to create a monopoly in any line of commerce. Section 7. — Corporate stock acquisitions: That no corporation engaged in commerce shall acquire,...tend to create a monopoly of any line of commerce. * No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other...
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Federal Departmental Organization and Practice: The Executive Departments ...

George Cyrus Thorpe - Executive departments - 1925 - 1124 pages
...prevent corporate stock acquisitions under section 7 of the Clayton Act : "That no corporation engageH in commerce shall acquire, directly or indirectly,...tend to create a monopoly of any line of commerce. "No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other...
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The Federal Reporter

Law reports, digests, etc - 1925 - 1106 pages
...commerce, where the effect of such acquisition may be to substantially lessen competition between (he corporation whose stock is so acquired and the corporation...tend to create a monopoly of any line of commerce. * * * " [2, 3] That language is too plain, we think, to admit of any sort of doubt that three things...
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Law and Labor, Volume 8

Industrial relations - 1926 - 356 pages
...itself of the stock and control of these companies. Section 7 of the Clayton Act provides in part : "That no corporation engaged in commerce shall acquire,...tend to create a monopoly of any line of commerce." The third paragraph of this section provides that the section does not apply where stock is purchased...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 272

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1927 - 816 pages
...inhibition of the Clayton Act, approved October 15, 1914, c. 323, 38 Stat. 730, 731. That Act provides— " SEC. 7. That no corporation engaged in commerce shall...tend to create a monopoly of any line of commerce. " No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other...
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Taxation of Exchanges and Distributions Pursuant to Antitrust Decrees ...

United States. Congress. House. Committee on Ways and Means - Antitrust law - 1961 - 512 pages
...at the date of the filing of the complaint (38 Stat. 731; TJ.SC (1946 ed.), Title 15, Sec. 18) are: "No corporation engaged in commerce shall acquire,...tend to create a monopoly of any line of commerce. • * • • "This section shall not apply to corporations purchasing such stock solely for investment...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 366

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1961 - 942 pages
...its Sherman Act allegations.3 It rested its decision solely on § 7. which reads in pertinent part : "[N]o corporation engaged in commerce shall acquire,...tend to create a monopoly of any line of commerce. "This section shall not apply to corporations purchasing such stock solely for investment and not using...
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