...provisions whose only effect can be to confuse the law as already established. We find this provision : "This section shall not apply to corporations purchasing...bring about the substantial lessening of competition." This deals with the situation involved in the Northern Securities Company case, and is an apparent...

...incongruous results forestalled by virtue of the exceptions referred to above? The exceptions provide that: "This section shall not apply to corporations purchasing...using the same by voting or otherwise to bring about . . . the substantial lessening of competition. Nor shall anything contained in this section prevent...

...lessening of competition. Nor shall anything contained in this section prevent a corporation . . . from causing the formation of subsidiary corporations for the actual carrying on of their immediate and lawful business, or the natural and legitimate branches or extensions thereof, or from owning and...

...lessen competition between the two corporations, or tend to create a monopoly; but it provides that the section shall not apply to corporations purchasing such stock solely for investment and not to lessen competition, nor prevent a corporation engaged in commerce from forming subsidiary corporations...

...lessen competition between the two corporations, or tend to create a monopoly; but it provides that the section shall not apply to corporations purchasing such stock solely for investment and not to lessen competition, nor prevent a corporation engaged in commerce from forming subsidiary corporations...

...whose stock or other share capital is so acquired, or to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing...bring about, or in attempting to bring about, the lessening of competition. Nor shall anything contained in this section prevent a corporation engaged...

...monopoly of any line of commerce. jtment This secti°n shall not apply to corporations purchasoctpted. ing such stock solely for investment and not using the...bring about, the substantial lessening of competition. Xor shall anything contained in this section prevent a corporation engaged in commerce from causing...

...meaning of section 7 is clearly apparent from the third paragraph of the section, which provides that: "This section shall not apply to corporations purchasing...about, the substantial lessening of competition." This proviso is clear and explicit and is its own interpretation. "Words and phrases" defines investments...

...provisions whose only effect can be to confuse the law as already established. We find this provision: "This section shall not apply to corporations purchasing...bring about the substantial lessening of competition." This deals with the situation involved in the Northern Securities Company case, and is an apparent...

...any line of commerce. "This section shall not apply to corporations purchasing such stock solely fur investment and not using the same by voting or otherwise...about, the substantial lessening of competition." As regards the second point, the Sherman Act and the Clayton Act are included in the definition of...