...Robert H. Harbeson. The Clayton Act : Sleeping Giant of Antitrust? Am. Boon. Her. 92 (IflTiS). *". . . no corporation engaged In commerce shall acquire, directly or Indirectly, the whole or any part of the stock . . . and no corporation subject to the jurisdiction of the Federal Trade...

...(Findings 10, 22, 45). [47] ELEMENTS OF SECTION 7 OF THE CLAYTON ACT Section 7 (15 USC 18) provides that no corporation engaged in commerce shall acquire,...another corporation engaged also in commerce, where in any line of commerce (the product market), in any section of the country (the geographic market),...

...commerce shall acquire * * * the whole or any part of the stock [or] the whole or any part of the assets of another corporation engaged also in commerce, where * * * the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly. (Emphasis added.) The pertinent...

...order or prohibition as shall be deemed just in the premises. The Clayton Act (15 USC § 18) Section 7. That no corporation engaged in commerce 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...

...applicators"2 in the United States. Beatrice denied the alleged 1 The pertinent language of section 7 provides: No corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the Block or other share capital and no corporation subject to the jurisdiction of the...

...others, Congress in l950 amended § 7 of the Clayton Act so that its operative paragraphs now read: That no corporation engaged in commerce 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...

...(1966); Brown Shoe Co. v.United States, supra . See Fox and Fox, supra, I 16.03. 9. See n.3 supra . 10. "That no corporation engaged in commerce 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...

...Clayton Act." That statute prohibits one corporation from acquiring the stock or assets of another where the effect of such acquisition may be to substantially lessen competition or tend to create a monopoly in any line of commerce in any section of the country. Commission certification...

...competitor of the seller; (3) the acquisition of the stock of one corporation for the purpose of lessening "competition between the corporation whose stock is...acquired and the corporation making the acquisition"; and (4) interlocking direcENTREPRENEURS AND CORPORATE MANAGEMENT 43 TABLE 4. CONCENTRATION TREND IN...

...to satisfy that standard? II Section 7 of the Clayton Act, 15 USC § 18, provides in pertinent part: "No corporation engaged in commerce 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...