Fair Trade Laws: Hearings Before the Subcommittee on Antitrust and Monopoly Of..., 94-11975 - 338 sider |
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advertising Angeles Times dealers Angeles Times newspaper antitrust laws Association bicycles bill brand California carriers catalog showroom Chairman CHUMBRIS circulation committee competition consumer contract cost Court customers daily dealership defendant delivered Delivery Dealer Agreement discount distribution distributors drugstores economic effect employees ENGMAN exemption fair trade laws fair trade prices fair-trade Federal Geneva College home delivery dealers Hopkins increase independent dealers industry Jim Hopkins legislation Lomita manufacturers maximum price McGuire Act ment merchandise Miller-Tydings Miller-Tydings Act Mirror Company Miss JOHNSON non-fair-trade papers percent permit person plaintiff predatory pricing price fixing profit publisher purchase repeal of fair resale price maintenance retail stores ROMAN L route dealers Sacramento Union Schwinn sell Senator Brooke Senator HART Senator HRUSKA Sherman Act small business small retailers sold statement street sale dealers subcommittee subscribers sumers Sunday termination territory testimony Thank Tiffany Times-Mirror Company tion U.S. Senate wholesalers
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Side 617 - Every agreement concerning trade, every regulation of trade, restrains. To bind, to restrain, is of their very essence. The true test of legality is whether the restraint imposed is such as merely regulates and perhaps thereby promotes competition or whether it is such as may suppress or even destroy competition.
Side 552 - The Sherman Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade. It rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress, while at the same time providing an environment conducive to the preservation of our democratic, political and social institutions.
Side 284 - The obsession of the consumer movement with price competition and the indiscriminate acceptance by the Federal Trade Commission and the Antitrust Division of the Department of Justice...
Side 182 - They are clearly inapplicable to practices never heretofore regarded as opposed to good morals because characterized by deception, bad faith, fraud or oppression, or as against public policy because of their dangerous tendency unduly to hinder competition or create monopoly.
Side 170 - ... /In the absence of any purpose to create or maintain a monopoly, the act does not restrict the long recognized right of trader or manufacturer engaged in an entirely private business, freely to exercise his own independent discretion as to parties with whom he will deal. And, of course, he may announce in advance the circumstances under which he will refuse to sell.
Side 95 - I cannot believe that in the long run the public will profit by this court permitting knaves to cut reasonable prices for some ulterior purpose of their own and thus to impair, if not to destroy, the production and sale of articles which it is assumed to be desirable that the public should be able to get.
Side 133 - 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.
Side 338 - Your prepared statement1 will be placed in the record in its entirety, and you may proceed to testify, hopefully, as briefly as possible so we can accommodate our limitation on time.
Side 181 - unfair methods of competition" are not defined by the statute and their exact meaning is in dispute. It is for the courts, not the Commission, ultimately to determine as a matter of law what they include.
Side 617 - The true test of legality is whether the restraint imposed is such as merely regulates and perhaps thereby promotes competition or whether it is such as may suppress or even destroy competition. To determine that question the court must ordinarily consider the facts peculiar to the business to which the restraint is applied ; its condition before and after the restraint was imposed; the nature of the restraint and its effect, actual or probable. The history of the restraint, the evil believed to...