| United States. Congress. Senate. Committee on Finance - 1935 - 200 páginas
...getting together in itself tends to monopoly. Senator BLACK. You do not agree with this statement then: People of the same trade seldom meet together even...conversation ends in a conspiracy against the public or in some 'contrivance to raise prices. Mr. WILLIAMS. I do not think that is so. I do not know whom you... | |
| United States. Congress. Senate. Committee on the Judiciary - 1937 - 546 páginas
...well to remember in this connection the shrewd remark of Adam Smith some 160 years ago when he wrote, "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public or in some contrivance to raise prices." I know the defense which is made for both open-price arrangements... | |
| United States. Congress. Senate. Committee on the Judiciary - 1937 - 846 páginas
...well to remember in this connection the shrewd remark of Adam Smith some 160 years ago when he wrote, ''People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public or in some contrivance to raise prices." I know the defense which is made for both open-price arrangements... | |
| United States. Congress. House. Temporary National Economic Committee - 1939 - 1692 páginas
...Mr. FRANK. Professor Fetter, may I ask two more questions? You will recall this language, I am sure. "People of the same trade seldom meet together even...conversation ends in a conspiracy against the public or in some contrivance to raise prices. It is impossible to prevent such meeting? by any law which could... | |
| Louise Kelly, Christopher A. Booth - 2004 - 204 páginas
...dying of starvation. Smith wrote, "People of the same trade seldom meet together, even for merriment or diversion, but the conversation ends in a conspiracy against the public, or some contrivance to raise prices." This is an astute observation that needs to be applied to the Enrons... | |
| Sigrid Stroux - 2004 - 290 páginas
...Article 81(1) of the EC Treaty 'People of the same trade seldom meet together, even for merriment or diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices '. ' 1. INTRODUCTION 'The following shall be prohibited as incompatible... | |
| Michael Nollert - 2005 - 578 páginas
...Konkurrenz und damit vor Preisen unter Bedingungen vollkommener Konkurrenz schützen wollen: »[...] people of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices.« (S. 232). Ein paar Seiten später präzisiert Smith, dass der... | |
| David S. Evans, Richard Schmalensee - 2004 - 388 páginas
...has been shaped by Adam Smith's famous observation, made in his 1776 book The Wealth of Nations, that "people of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." What would he have thought about MasterCard and Visa? Tens of... | |
| Robert Barry Carson, Wade L. Thomas, Jason Hecht - 2005 - 432 páginas
...rational stewardship of the environment. Issue 4 Imperfect Competition Is Big Business a Threat or a Boon? People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices. — Adam Smith, 1776 Every contract, combination in the form of... | |
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