The Structure of Food Manufacturing, Volume 21-22

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Halaman 163 - But where, as here, the acquisition is of a company that commands a substantial share of a market, a finding of probability of reciprocal buying by the Commission, whose expertise the Congress trusts, should be honored, if there is substantial evidence to support it.
Halaman 202 - Transfer before the Subcommittee on Antitrust and Monopoly, Committee on the Judiciary, US Senate, October 27. 1977, on Freight Rate Competition In the Motor Carrier Industry. 9 John C. Spychalski "Criticisms of Regulated Freight Transport : Do Economists' Perceptions Conform With Institutional Realities
Halaman 139 - Gentry, Inc., in 1951. Gentry manufactures principally dehydrated onion and garlic. The Federal Trade Commission held that the acquisition violated § 7 because it gave respondent the advantage of a mixed threat and lure of reciprocal buying in its competition for business and "the power to foreclose competition from a substantial share of the markets for dehydrated onion and garlic.
Halaman 178 - By way of example, a buyer who knows that he buys in the same quantities as his competitor and is served by the seller in the same manner or with the same amount of exertion as the other buyer can fairly be charged with notice that a substantial price differential cannot be justified.
Halaman 139 - Court decided the case, it declared "at the outset that the 'reciprocity' made possible by such an acquisition is one of the congeries of anticompetitive practices at which the antitrust laws are aimed, if the probable consequence of the acquisition is to obtain leverage in one field or another. The practice results in 'an irrelevant and alien factor,' * * * intruding into the choice among competing products, creating at the least 'a priority on the business at equal prices.
Halaman 169 - ... to protect the independent merchant, the public whom he serves, and the manufacturer from whom he buys, from exploitation by unfair competitors...
Halaman 178 - Commission need only to show, to establish its prima facie case, that the buyer knew that the methods by which he was served and quantities in which he purchased were the same as in the case of his competitor.
Halaman 141 - Midwest Co., Inc., Quality Food Stores, Inc., and Eagle Food Centers, Inc. The complaint stated, in part, that the effect of these acquisitions may be substantially to lessen competition or tend to create a monopoly in the food industry because, "Substantial competition, both actual and potential, has been eliminated between consolidated and other large chain grocery store companies which are actual or potential purchasers of food products processed by Consolidated.
Halaman 173 - Congress intended to protect a merchant from competitive Injury attributable to discriminatory prices on any or all goods sold In Interstate commerce, whether the particular goods constl CM] tuted a major or minor portion of his stock.
Halaman 203 - Economists have not gone very far in showing what causes profit rates by industries to be high or low, for the simple reason that no source exists which reports profit statistics by industry, strictly defined. Profit statistics abound for individual firms, but lumping these firms, many of which produce hundreds of different products, into industries proves to be a brain-teasing problem.