The Activities of American Multinational Corporations Abroad: Hearings Before the Subcommittee on International Economic Policy of the Committee on International Relations, House of Representatives, Ninety-fourth Congress, First Session ....U.S. Government Printing Office, 1975 - 330 páginas |
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Palavras e frases frequentes
abroad action activities agent's fee agent's fees/commissions agents agreement ALEXANDER American firms amount ASPR August 25 BIESTER Board bona fide bribery bribes BUTLER Chairman Commissioner competition concerned CONGRESS THE LIBRARY contingent fee contracting officer contractor corporate cost deduction Department of Defense determine disclosed disclosure employee enforcement Exchange Commission export Federal FISH foreign countries foreign government foreign military sales foreign officials illegal payments improper payments Internal Revenue Service investigation investors involved LIBRARY OF CONGRESS Lockheed LOOMIS ment Middle East Munitions Control negotiated Northrop Office of Munitions OPIC overseas paid problem procurement purchasing purpose question reason regulations ROBERT N. C. NIX SCHMULTS Section 162 Securities and Exchange September 22 Sherman Act similar to Section Sisal slush funds SOLARZ specific provision similar STANSBERRY STARRETT statement subcommittee subsidiary testimony tion U.S. Government United violation WHALEN
Passagens conhecidas
Página 113 - The Contractor warrants that no person or selling agency has been employed or retained to solicit or secure this contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee...
Página 196 - Contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, excepting bona fide employees or bona fide established commercial or selling agencies maintained by the Contractor for the purpose of securing business. For breach or violation of this warranty the Government shall have the right to annul this Contract without liability or in its discretion to deduct from the contract price or consideration, or otherwise recover, the full amount of such commission,...
Página 237 - Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade.
Página 97 - bona fide" which seeks to obtain any Government contract or contracts for its principals through the use of improper influence or which holds itself out as being able to obtain any Government contract or contracts through improper influence. (2) In determining whether an agency is a "bona fide established commercial or selling agency maintained by the contractor for the purpose of securing business," the factors set forth below shall be considered.
Página 236 - No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of...
Página 28 - Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.
Página 123 - The fees charged should not be inequitable and exorbitant in relation to the services actually rendered. That is, the compensation should be commensurate with the nature and extent of the services and should not be excessive as compared with the fees customarily allowed in the trade concerned for similar services related to commercial (non-Government) business. In evaluating reasonableness of the fee...
Página 198 - ... subject to effective competitive restraints. In order to avoid possible subsequent disallowance or dispute based on unreasonableness or nonallocability, it is important that prospective contractors, particularly those whose work is predominantly or substantially with the Government, seek agreement with the Government in advance of .the incurrence of special or unusual costs in categories where reasonableness or allocability are difficult to determine. Such...
Página 196 - Secretary, (2) to obtain and to furnish to the administering department or agency and to the Secretary of Labor such information as they may require for the supervision of such compliance...
Página 123 - State laws and regulations, and contract terms and specifications; (iii) the action that a prudent business man would take in the circumstances, considering his responsibilities to the owners of the business, his employees, his customers, the Government and the public at large; and (iv) significant deviations from the established practices of the contractor which may unjustifiably increase the contract costs.