Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Agricultural Research, Conservation, Forestry, and General Legislation
Considers H.R. 10235 and 22 identical bills, to amend the Federal Trade Commission Act to prohibit sales of merchandise at unreasonably low prices that would lessen competition or create a monopoly in any given line of commerce.
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
This report analyzes the treatment of predatory pricing in the United States. It examines experience with predatory pricing laws in general at the federal level and at the state level, with reference to case law throughout. It discusses the problem of separating predatory pricing from aggressive competition, the tests used to determine predation, the use of sales-below-cost statutes at the US state level, the impact of such statutes on consumers, the effectiveness of gasoline-specific sales-below-cost laws, and the activities of the US Federal Trade Commission.