A Study of the Antitrust Laws: General Motors [Corporation

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U.S. Government Printing Office, 1955 - Antitrust law - 4617 pages

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Page 3380 - Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On' has solved and always will solve the problems of the human race.
Page 3660 - O'MAHONEY. The committee will now stand in recess until 2 o'clock this afternoon. (Whereupon, at 12 : 30 pm, a recess was taken until 2 pm, of the same day.
Page 3227 - Respondents next suggest that their status as "mere instrumentalities of a single manufacturing-merchandising unit" makes it impossible for them to have conspired in a manner forbidden by the Sherman Act. But this suggestion runs counter to our past decisions that common ownership and control does not liberate corporations from the impact of the antitrust laws.
Page 3385 - The saga•cious reflection, that a bird in the hand was worth two in the bush...
Page 3214 - Co., have been, and still are, imposing on their respective dealers unfair and inequitable conditions of trade, by requiring such dealers to accept, and operate under, agreements that inadequately define the rights and obligations of the parties and...
Page 3006 - We hereby certify that these goods were produced In compliance with all applicable requirements of sections 6, 7, and 12 of the Fair Labor Standards Act, as amended, and of regulations and orders of the United States Department of Labor Issued under section 14 thereof.
Page 3586 - ... days there are in the year, and then take out the Sundays and holidays, and then we take out the minimum number of days * * * to turn around — I mean to bring out new models. From that, we find there are 225, taking out all the Sundays, holidays, and Saturdays, and 15 full days, or 30 half days, for turning around, giving 225 days which we would like to run the plants year in and year out. But we don't use 225, we use 80 percent of that as a standard volume, because ours is a business that...
Page 3225 - While there is a natural impulse to be impatient with a form of contract which places the comparatively helpless dealer at the mercy of the manufacturer, we cannot make contracts for parties or protect them from the provisions of contracts which they have made for themselves. Dealers doubtless accept these one-sided contracts because they think...
Page 3228 - There are producers of consumers' goods who have secured themselves from exercise of countervailing power. Some, like the automobile and the oil industry, have done so either by integrating their distribution through to the consumer or because they have an organization of small and dependent and therefore fairly powerless dealers.
Page 3439 - Dealer's business of the provisions and requirements of the aforesaid current Pontiac Selling Agreement with regard to the Dealer's capital requirements and the ownership and management of the Dealer's business in consideration of which, among other things, Pontiac heretofore offered and entered into such Selling Agreement with the Dealer; now, therefore, in consideration of the premises it is agreed by and between the parties as follows : 1. Minimum Capital...