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Antitrust and Trade Regulation Commons

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1970

Prices

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Full-Text Articles in Antitrust and Trade Regulation

Antitrust Law--Restraint Of Trade--Antitrust Implications Of The Exchange Of Price Information Among Competitors: The Container Corporation Case, Michigan Law Review Mar 1970

Antitrust Law--Restraint Of Trade--Antitrust Implications Of The Exchange Of Price Information Among Competitors: The Container Corporation Case, Michigan Law Review

Michigan Law Review

Traditionally, it has not proved difficult to find policy considerations which justify the existence of programs of price information exchange among competitors. There has been widespread agreement that businessmen require knowledge of all the economic forces which affect their operations. Justice Holmes once said: "I should have thought that the ideal of commerce was an intelligent interchange made with full knowledge of the facts as a basis for the forecast of the future on both sides." Similarly, Justice Brandeis commented that "[t]he Sherman Law ... certainly does not command that competition shall be pursued blindly, that business rivals shall remain …


Trade Regulation--Price Discrimination--Liability For "Fourth Level" Injury Falls Within The Scope Of Section 2(A) Of The Clayton Act, As Amended By The Robinson-Patman Act--Perkins V. Standard Oil Company Of California, Michigan Law Review Mar 1970

Trade Regulation--Price Discrimination--Liability For "Fourth Level" Injury Falls Within The Scope Of Section 2(A) Of The Clayton Act, As Amended By The Robinson-Patman Act--Perkins V. Standard Oil Company Of California, Michigan Law Review

Michigan Law Review

During the mid-1950's Clyde A. Perkins, a major independent wholesaler and retailer operating in the states of Washington and Oregon, bought substantial quantities of gasoline and oil from Standard Oil Company of California. During the same period, Standard also sold gasoline and oil to Signal Oil and Gas Company, a large wholesaler whose subsidiaries operated at wholesale and retail levels in the same area as Perkins. The price Standard charged to Signal, however, was lower than the price it charged to Perkins. Signal passed on the advantages of this lower price to its subsidiary, Western Hyway, which in tum sold …