The Celler-Kefauver Amendment to Section 7 of the Clayton Act has now been made effective by judicial ratification. The Supreme Court has said that the Act means exactly what it says... It prohibits acquisitions, either stock or assets, where competition in any line of commerce in any section of the country may be substantially lessened.
Neil FligsteinRelated topics
act assets country court judicial line now ratification meansRelated quotes
Whoever controls the volume of money in any country is absolute master of all industry and commerce.... And when you realize the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
James A. Garfield
• Deletion of Special provisions under special purpose funds which allow savings from the said funds to be made available to the Executive, Legislative, and Judicial branches of the government including Constitutional offices, in compliance with the Supreme Court decision prohibiting the cross-border transfer of savings from the Executive to the other branches of government.
Francis Escudero
The Supreme Court has never ruled that Congress can use the Commerce Clause to require individuals to engage in an activity they have chosen to avoid. Yet that is precisely what Obamacare does: It forces Americans without health insurance to purchase coverage. Such a requirement is unprecedented and unconstitutional.
John Cornyn
Despite two decisions, in 2008 and 2010, by the U.S. Supreme Court unequivocally affirming that the Second Amendment to the Constitution guarantees an individual right to keep and bear arms against infringement by the government, state legislatures continue to do just that - enact laws that significantly infringe this fundamental human right.
Bob Barr
In hindsight, Watergate was a curse as well as a blessing for American journalism. The courageous reporting of the 'Post' and the 'New York Times' - coupled with the favourable Supreme Court rulings on publication of the Pentagon Papers - were landmarks for the interpretation of First Amendment rights and the freedom of the press.
Lionel Barber