 It offends laws human and divine. Applied to rival corporations, it tends to the suppression of competition and to violation of the Sherman law. Applied to corporations which deal with each other, it tends to disloyalty and to violation of the fundamental...  Other People's Money: And how the Bankers Use it - Page 51by Louis Dembitz Brandeis - 1914 - 223 pagesFull view - About this book
 | 1914 - 620 pages
...D. Brandeis in the following language: The practice of interlocking directorates offends laws, buman and divine. Applied to rival corporations, it tends...competition and to violation of the Sherman law ; applied 1o corporations which deal with each other, it tends to disloyalty and to violation of the fundamental... | |
 | United States. Congress. House. Committee on Banking and Currency - Banking law - 1971 - 1022 pages
...is the root of many evils. It offends laws human and divine. Applied to rival corporations, it tend to the suppression of competition and to violation...that no man can serve two masters. In either event it leads to inefficiency ; for it removes incentive and destroys soundness of judgment. It Is undemocratic,... | |
 | United States. Congress. House. Committee on Banking and Currency - Banking law - 1971 - 1010 pages
...Before the passage of the Clayton Act, Justice Brandeis wrote that interlocking directorates tend" ... to disloyalty and to violation of the fundamental law that no man can serve two masters." " This is especially true if the two masters are supposed to be dealing at arm's length. Where a bank... | |
 | United States. Federal Trade Commission - Competition - 1978 - 1030 pages
...an Unfair Method of Competition The practice of interlocking directorates is the root of many evils. It offends laws human and divine. Applied to rival...of competition and to violation of the Sherman law. L. Brandeis, Other People's Money 51 (1914). It is beyond cavil that if conduct "runs counter to the... | |
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