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" People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 10
editado por - 2007 - 352 páginas
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Essays in Economics

Edwin Robert Anderson Seligman - 1925 - 418 páginas
...which it shall be unlawful to ask or take. Adam Smith already said: "People of the same trade hardly meet together even for merriment and diversion, but...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Even then the movement had begun; to-day it has become...
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Trade Associations: The Legal Aspects

Benjamin Sollow Kirsh - 1928 - 280 páginas
...ways of the courts with the emphatic view of the economist, Adam Smith, that "people of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public or some contrivance to raise prices." 20 The Maple Flooring and Cement cases incorporated into...
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Investigation of the National Recovery Administration: Hearings Before the ...

United States. Congress. Senate. Committee on Finance - 1935 - 830 páginas
...tends to monopoly. Senator BLACK. You do not agree with this statement then: People of the same trade seldom meet together even for merriment and diversion...the 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...
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Federal Licensing of Corporations: Hearings Before a Subcommittee of the ...

United States. Congress. Senate. Committee on the Judiciary - 1937 - 546 páginas
...connection the shrewd remark of Adam Smith some 160 years ago when he wrote, "People of the same trade seldom meet together, even for merriment and diversion,...the 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...
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Federal Licensing of Corporations: Hearings Before a Subcommittee of the ...

United States. Congress. Senate. Committee on the Judiciary - 1937 - 846 páginas
...connection the shrewd remark of Adam Smith some 160 years ago when he wrote, ''People of the same trade seldom meet together, even for merriment and diversion,...the 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...
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Unemployment and Relief: Hearings Before a Special Committee to Investigate ...

United States. Congress. Senate. Special Committee to Investigate Unemployment and Relief - 1938 - 870 páginas
...connection the shrewd lemark of Adam Smith some 160 years ago when he wrote: People of the same trade seldom meet together, even for merriment and diversion,...the 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...
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Investigation of Concentration of Economic Power: Hearings Before the ...

United States. Congress. House. Temporary National Economic Committee - 1939 - 1692 páginas
...Fetter, may I ask two more questions? You will recall this language, I am sure. "People of the same trade seldom meet together even for merriment and diversion...the 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...
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Investigation of Concentration of Economic Power, Temas21-23

1940 - 768 páginas
...quality, service, price, or terms of sale. As Adam Smith remarked in 1776, ''People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public or in some contrivance to raise prices." 2* COST ACCOUNTING Conspicuous among association activities...
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The Bigness Complex: Industry, Labor, and Government in the American Economy ...

Walter Adams, James W. Brock - 1986 - 386 páginas
...among themselves worldwide. The Public Policy Options "People of the same trade," Adam Smith observed, "seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public or some contrivance to raise prices." How to counteract this apparently irresistible temptation...
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Law and Practice of International Commercial Arbitration

Alan Redfern - 2004 - 728 páginas
...competition laws Adam Smith, writing in the eighteenth century, said: 3-16 "People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."51 This early distrust of monopolies and cartels finds...
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