...under the niiU-tr.;-: laws. That no corporation engaged In commerce shall acquire the whole or BDT part of the stock or other share capital of another corporation engaged also is commerce, where the effect of such acquisition may be to substantially lessen competition. No corporation...

...of the stock of another corporation " where the effect may be to substantially lessen com" petition between the corporation whose stock is so acquired and the " corporation making the acquisition." This makes any merger, big or little, impossible, and Dr. Jenks drily remarks : " It will be " interesting...

...the Judiciary. The first paragraph of section 8 (now section 7) in the original bill read as follows: That no corporation engaged in commerce shall acquire,...In commerce, where the effect of such acquisition it to eliminate or substantially lessen competition between the corporation whose stock is so acquired...

...Indirectly, the whole or any part of the stock or other slmre capital of another corporation encaged also In commerce, where the effect of such acquisition...substantially lessen competition between the corporation whoM stuck is so acquired and the corporation making the acquisition, or to restrain 160 1. aa such...

...part: That no corporation engaged in commerce shall acquire *** 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. If the allegations of the Shipper...

..."Nu corporation engaged in commerce shall acquire directly or indirectly, the whole or any part ul the stock or other share capital *' ' * of another corporation engaged also in commerce, where in .my line ot commerce in any section ot the country, the effect ot such acquisition may he substantially...

...laws. "216 As pertinent and of particular significance here, section 7 of the Clayton Act2^ provides: 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...

...the whole or any part of the stock of another corporation where the effect of such acquisition may substantially lessen competition between the corporation...acquired and the corporation making the acquisition ; it forbids directors in certain classes of corporations to serve as directors in corporations conducting...

...Clayton Act forbids one corporation engaged in commerce to hold stock in other corporation, also engaged in commerce where the effect of such acquisition may...be to substantially lessen competition between the two corporations, or tend to create a monopoly; but it provides that the section shall not apply to...

...it. The CHAIRMAN. Just read section 8 of this. I will hand you a copy of it. Section 8 reads: SEC. 8. That no corporation engaged in commerce shall acquire,...in commerce, where the effect of such acquisition is to eliminate or substantially lessen competition between the corporation whose stock is so acquired...