Corporate Mergers and Acquisitions: Hearing Before a Subcommittee of the Committee on the Judiciary, United States Senate, Eighty-first Congress, First and Second Sessions, on H.R. 2734, an Act to Amend an Act Entitled "An Act to Supplement Existing Laws Against Unlawful Restraints and Monopolies, and for Other Purposes," Approved October 15, 1914 (38 Stat. 730) as Amended
U.S. Government Printing Office, 1950 - 419 sider
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acquired acquisition amendment American answer antitrust assets Association authority bill BLAIR Board CELLER Chairman Chicago CLARK Clayton Act commerce Committee companies competing competitors concentration concerns Congress consider corporations correct course create decision difference DONNELLY economic effect existing fact Federal Trade Commission firms give going Government hearings held House Illinois indicate industry interest Judiciary KELLEY language legislation less lessen competition letter LIBRARY manufacturing matter mean measure mergers monopoly MONTAGUE operation opinion organization percent person plants possible present President probably production prohibit proposal provisions purchase question reason record referred Representative result sell Senator DONNELL Senator KILGORE Senator O'CONOR September Sherman Act situation small business smaller statement statute steel substantially Supreme Court thing tion United WIMMER
Side 183 - ... where in any line of commerce in any section of the country, the effect of such acquisition may be substantially to lesson competition, or to tend to create a monopoly.
Side 1 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade 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.
Side 139 - ... allotting ports or restricting or otherwise regulating the number and character of sailings between ports; limiting or regulating in any way the volume or character of freight or passenger traffic to be carried; or in any manner providing for an exclusive, preferential, or co-operative working arrangement. The term "agreement" in this section includes understandings, conferences, and other arrangements.
Side 3 - Any party required by such order of the commission or board to cease and desist from a violation charged may obtain a review of such order in said circuit court of appeals by filing in the court a written petition praying that the order of the commission or board be set aside.
Side 3 - The findings of the commission, authority, or board as to the facts, if supported by testimony, shall be conclusive. 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...
Side 2 - Commission that a proceeding by it in respect thereof would be to the interest of the public, it shall issue and serve upon such person, partnership, or corporation a complaint stating its charges in that respect, and containing a notice of a hearing upon a day and at a place therein fixed at least thirty days after the service of said complaint.
Side 3 - 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...
Side 3 - ... and shall certify and file with its application a transcript of the entire record in the proceeding, including all the testimony taken and the report and order of the commission or board.
Side 3 - 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. Upon the filing of the transcript the court shall have the same jurisdiction to affirm, set aside, or modify the order of the commission...