HEARINGS BEFORE THE SUBCOMMITTEE ON ANTITRUST AND MONOPOLY OF THE COMMITTEE ON THE JUDICIARY EIGHTY-EIGHTH CONGRESS SECOND SESSION PURSUANT TO S. Res. 262 39-027 JULY 22, 23, AND 29, 1964 PART 1 General Considerations Printed for the use of the Committee on the Judiciary U.S. GOVERNMENT PRINTING OFFICE For sale by the Superintendent of Documents, U.S. Government Printing Office COMMITTEE ON THE JUDICIARY JAMES O. EASTLAND, Mississippi, Chairman OLIN D. JOHNSTON, South Carolina EDWARD M. KENNEDY, Massachusetts QUENTIN N. BURDICK, North Dakota EVERETT MCKINLEY DIRKSEN, Illinois HUGH SCOTT, Pennsylvania SUBCOMMITTEE ON ANTITRUST AND MONOPOLY THOMAS J. DODD, Connecticut EVERETT MCKINLEY DIRKSEN, Illinois S. JERRY COHEN, Staff Director and Chief Counsel CONTENTS Arnold, Thurman, attorney at law, Arnold, Fortas & Porter, Washington, Dean, Arthur, attorney at law, Sullivan & Cromwell, New York, N.Y. Edwards, Dr. Corwin, professor of economics, University of Oregon. Goldfinger, Nathaniel, research director, AFL-CIO, Washington, D.C.. Hadley, Dr. Eleanor, associate professor of economics, Smith College. Javits, Jacob K., U.S. Senator from the State of New York.. Loevinger, Lee, Commissioner, Federal Communications Commission, and former Assistant Attorney General in charge of the Antitrust Division. Persen, William, vice president and editor, Business International, New Page 45 Report of the Committee on World Economic Practices, January 22, 1959– Report of Committee on International Trade and Investment, American 166 Text of Timken Roller-Bearing Co. v. United States- Remarks of Senator Dirksen on Soviet oil dumping program, Congressional Submission by the Department of Commerce: "U.S. Business Investments in Foreign Countries." U.S. Department of Commerce-Office of Business Economics__ Data concerning Webb-Pomerene Associations, their date of opera- tion, their method of operation, and products exported (as of July 1, 1963). Letter to Hon. Wilbur D. Mills, chairman of the Committee on Ways and Means, from Edward Gudeman, Under Secretary of Commerce, dated June 22, 1961, with table 1-U.S. exports, total and selected commodities, by area, related to exports to, or devel- oped by, foreign subsidiary companies, 1959 and 1960, and table 2- Imports into the United States from foreign subsidiary companies, 1959 and 1960 (in millions of dollars) __ U.S. exports of merchandise, by economic class, 1910-63. U.S. imports of merchandise, by economic class, 1910-63_ Statistical analysis of Webb-Pomerene Association activity—July 2, 163 420 |