Activities of American Multinational Corporations Abroad, Hearings Before the Subcommittee on International Economic Policy of ..., June 5, July 17, 24, 29, September 11, 18, and 30, 1975

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1975 - 330 pagini
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Pagina 129 - The Contractor warrants that no person or selling agency has been employed or retained to solicit or secure this contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee...
Pagina 227 - Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade.
Pagina 107 - bona fide" which seeks to obtain any Government contract or contracts for its principals through the use of improper influence or which holds itself out as being able to obtain any Government contract or contracts through improper influence. (2) In determining whether an agency is a "bona fide established commercial or selling agency maintained by the contractor for the purpose of securing business," the factors set forth below shall be considered.
Pagina 204 - ... agencies maintained by the Contractor for the purpose of securing business. For breach or violation of this warranty the Government shall have the right to annul this Contract without liability or in its discretion to deduct from the contract price or consideration, or otherwise recover, the full amount of such commission, percentage, brokerage, or contingent fee.
Pagina 38 - Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.
Pagina 204 - ... refrain from extending any further assistance to the applicant under the program with respect to which the failure or refusal occurred until satisfactory assurance of future compliance has been received from such applicant; and (3) refer the case to the Department of Justice for appropriate legal proceedings.
Pagina 206 - ... subject to effective competitive restraints. In order to avoid possible subsequent disallowance or dispute based on unreasonableness or nonallocability, it is important that prospective contractors, particularly those whose work is predominantly or substantially with the Government, seek agreement with the Government in advance of .the incurrence of special or unusual costs in categories where reasonableness or allocability are difficult to determine. Such...
Pagina 131 - State laws and regulations, and contract terms and specifications; (iii) the action that a prudent business man would take in the circumstances, considering his responsibilities to the owners of the business, his employees, his customers, the Government and the public at large; and (iv) significant deviations from the established practices of the contractor which may unjustifiably increase the contract costs.
Pagina 188 - This concludes my prepared statement and I will be happy to answer any questions which the members of the Subcommittee may have.
Pagina 47 - ... would be unlawful under the laws of the United States if such laws were applicable to such payment and to such official or employee.

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