To Repeal Or Revise the McCarran-Ferguson Act: Hearings Before the Committee on the Judiciary, United States Senate, One Hundredth Congress, First Session on S. 80 ... S. 1299 ... February 18 and June 2, 1987U.S. Government Printing Office, 1989 - 598 páginas |
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Palavras e frases frequentes
action doctrine AMEND THE MCCARRAN-FERGUSON anticompetitive antitrust immunity antitrust scrutiny ARLEN SPECTER BILL TO REPEAL boycott business of insurance Chairman committee conduct Congress CONTINUED STATE REGULATION cooperative costs coverage crisis Daniel Oliver enactment FEBRUARY 18 federal antitrust laws Federal Trade Commission free competition industry's insurance commissioner insurance companies insurance industry insurance regulation issue legislation liability insurance McCarran-Ferguson Act medical malpractice medigap National Commission Nurse Anesthetists Oliver OPENING STATEMENT Panel consisting PAUL SIMON policy forms pools premiums protection questions submitted rates REAFFIRM THE CONTINUED regulate insurance regulation of insurance regulatory reinsurance repeal of McCarran-Ferguson repeal the McCarran-Ferguson residual market mechanism Responses to questions Review of Antitrust Section 2(b Senator Biden Senator Hatch Senator Humphrey Senator METZENBAUM Senator Simon Senator Thurmond Shannon Sherman Act SPECTER STATEMENT OF SENATOR STROM THURMOND submitted by Senator Supreme Court Teitz Testimony Prepared statement Thank tion tort UNITED STATES SENATE West Virginia
Passagens conhecidas
Página 23 - 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.
Página 86 - Ct 1126 (1972) ("Antitrust laws in general, and the Sherman Act in particular, are the Magna Carta of free enterprise. They are as important to the preservation of economic freedom and our free-enterprise system as the Bill of Rights is to the protection of our fundamental personal freedoms.
Página 103 - ... of their rivals for the purpose of successfully competing with them; and they do not submit the details of their business to the analysis of an expert, jointly employed, and obtain from him a 'harmonized...
Página 67 - ... in any case. 5. Restrict punitive damage awards to cases of willful and malicious conduct. The amount awarded shall go to a governmental trust fund, not the plaintiff. 6. Limit attorney contingency fees to reasonable amounts, on a sliding scale. 7. Reduce awards in cases where a plaintiff can be compensated by certain collateral sources, to prevent windfall double recovery. 8. The prevailing party in a legal action should have a statutory right to recover costs and attorney fees from the non-prevailing...