Business Competition and the Law; Everyday Trade Conditions Affected by the Anti-Trust Laws (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... chapter ix why join A trade association? Assoc1at1ons are the order of the day. The Federal Trade Commission, in its cordial recognition of the good work of trade associations, has struck a responsive note in the heart of every progressive business man. The good work of trade associations in advancing the arts, in encouraging scientific management, in teaching better methods, in pointing the way to manufacturing and selling economics, in perfecting safety appliances for operatives, in reducing fire risks, in working out traffic problems, in maintaining credit bureaus, in co-operative trade advertising, and in a thousand and one other ways, deserves and has received the heartiest official commendation. Can there be any question, Mr. Business Man inquires, regarding the propriety of trade associations? There can be, and is. Trade associations of coal operators, coal dealers, railroads, pipe manufacturers, wholesale grocers, retail grocers, paper manufacturers, lumber dealers, retail druggists, powder manufacturers, plumbing supply manufacturers, butter and egg dealers, wire manufacturers, horse-shoe manufacturers, cable manufacturers, coaster-brake manufacturers, steamship lines, bill-posters, confectioners, tow-boat operators, publishers, produce dealers, and jewelry dealers have all been successfully prosecuted under the anti-trust laws Criminal proceedings, have also been successfully prosecuted, and fines amounting to several hundred thousand dollars in the aggregate have been imposed against members of associations. Nor is this the end, for the Department of Justice now has pending civil suits and criminal actions against a number of such associations under the anti-trust law. Before this display of judicial and governmental...