Fair Trade: Hearings Before the Subcommittee on Monopolies and Commercial Law of ... , 94-1, March 25, and April 10, 19751975 - 200 pages |
Common terms and phrases
advertising alcoholic beverages antitrust laws areas argument believe bill billion Bruner business failures businessman California California State University chains Chairman RODINO CLEARWATERS committee commodity competing competitors Congress consumer cost of fair distribution distributor economic effect eliminate enacted enforcement ENGMAN exemptions Fair Trade Act fair trade contracts fair trade laws fair trade prices fair-trade Federal Trade Commission Florida Technological University free trade Geneva College hearings high fidelity HUTCHINSON inflation JORDAN legislation liquor loss leader marketplace McCLORY McGuire Act merchandise merchant Midwest Miller-Tydings Act Miller-Tydings and McGuire minimum monopoly non-fair trade nonsigner clause percent permit practices predatory price price competition price cutting price fixing profit proposal protect repeal of fair resale price maintenance ROTHWELL Schwinn Bicycle Company Schwinn bicycles Schwinn Sales sell Senator Brooke small business small manufacturer small retailers sold SPORTMART statement Subcommittee Supreme Court testimony Thank tion wholesalers
Popular passages
Page 145 - ... act, whether the person so advertising, offering for sale or selling is or is not a party to such contract, is unfair competition and is actionable at the suit of any person damaged thereby, and may be enjoined by a court of competent jurisdiction.
Page 156 - The Federal Trade Commission and the Antitrust Division of the Department of Justice will continue active programs of enforcement of the antitrust laws in the energy industries.
Page 145 - ... between manufacturers, or between producers, or between wholesalers, or between brokers, or between factors, or between retailers, or between persons, firms, or corporations in competition with each other.
Page 189 - The waiting period required under subsection (a) of this section shall (A) begin on the date of the receipt by the Federal Trade Commission and the Assistant Attorney General...
Page 43 - In Dr. Miles Medical Co. v. Park & Sons Co., 220 US 373, 31 Sup.
Page 38 - OBJECTION. The Supreme Court says that a contract by which a producer binds a retailer to maintain the established selling price of his trade-marked product is void, because it prevents competition between retailers of the article and restrains trade. Such a contract does, in a way, limit competition ; but no man is bound to compete with himself. And when the same trade-marked article is sold in the same market by one dealer at a less price than by another, the producer, in effect, competes with...
Page 38 - It must not be forgotten that you are not to extend, arbitrarily, those rules which say that a given contract is void as being against public policy ; because if there is one thing which more than another public policy requires, it is that men of full age and competent understanding shall have the utmost liberty of contracting, and that their contracts, when entered into freely and voluntarily, shall be held sacred and shall be enforced by Courts of justice.
Page 39 - But the cut-price article would more appropriately be termed a " misleader," because ordinarily the very purpose of the cut price is to create a false impression.
Page 47 - Americans should be under no Illusions as to the value or effect of price cutting. It has been the most potent weapon of monopoly — a means of killing the small rival to which the great trusts have resorted frequently. It is so simple, so effective.
Page 41 - ... the business or compelling them to become parties to a combination— a purpose whose execution was illustrated by the plug war which ensued and its results, by the snuff war which followed and its results, and by the conflict which immediately followed the entry of the combination in England and the division of the world's business by the two foreign contracts which ensued, c.