Competitive Aspects of the Energy Industry: Hearings, Ninety-first Congress, Second Session, Pursuant to S. Res. 334, Bagian 1

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Halaman 368 - 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.
Halaman 363 - Where activities under any license might serve to maintain or to foster the growth of monopoly, restraint of trade, unlawful competition, or other trade position inimical to the entry of new, freely competitive enterprises in the field, the Commission is authorized and directed to refuse to issue such license or to establish such conditions to prevent these results as the Commission, in consultation with the Attorney General may determine.
Halaman 372 - It follows a fortiori that the use of monopoly power, however lawfully acquired, to foreclose competition, to gain a competitive advantage, or to destroy a competitor, is unlawful.
Halaman 63 - advancement in the public service of the art of producing, transmitting, and distributing electricity and the promotion of scientific research in such field.
Halaman 371 - And in so doing it makes clear, as do those cases, that the vice of tying arrangements lies in the use of economic power in one market to restrict competition on the merits in another, regardless of the source from which the power is derived and whether the power takes the form of a monopoly or not.
Halaman 262 - Rubber and plastics products 31 Leather and leather products 32 Stone, clay and glass products 33 Primary metal industries 34 Fabricated metal products 35 Machinery, except electrical 36 Electrical equipment and supplies 37 Transportation equipment 38 Instruments and related products...
Halaman 262 - Products 24 Lumber and Wood Products 25 Furniture and Fixtures 26 Paper and Allied Products 27 Printing and Publishing 28 Chemicals and Allied Products 29 Petroleum and Coal Products 30 Rubber and Miscellaneous Plastics Products 31 Leather and Leather Products 32 Stone, Clay and Glass Products 33 Primary Metal Industries 34 Fabricated Metal Products 35 Machinery...
Halaman 141 - Without, legislation, the objective of these bills, the setting up of a joint venture, would violate sections 1 and 2 of the Sherman Act and section 7 of the Clayton Act which are on the books to protect the public.
Halaman 358 - ... is not reasonable or does not bear a fair relation to the sums invested in or the earning capacity of the utility assets to be acquired or the utility assets underlying the securities to be acquired...
Halaman 363 - Act, for his advice as to whether the proposed disposal would tend to create or maintain a situation inconsistent with the antitrust laws, and no such real property shall be disposed of until such advice has been received.

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