...provisions whose only effect can be to confuse the law as already established. We find this provision: "This section shall not apply to corporations purchasing...bring about the substantial lessening of competition." This deals with the situation involved in the Northern Securities Company case, and is an apparent...

...about, or in attemptiiig 10 bring about, the substantial lessening of competition. Nor shall anytning contained in this section prevent a corporation engaged...causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business or uoni owning and holding all or a part...

...stocks. As we said in a previous decision, 160 ICC 792, supra: Although section 7 provides that It "shall not apply to corporations purchasing such stock...about, the substantial lessening of competition," this exemption may not be so construed as to destroy the effect of the section as a whole. Clearly...

...restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing...causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or...

...lessen competition between the two corporations, or tend to create a monopoly; but it provides that the section shall not apply to corporations purchasing such stock solely for investment and not to lessen competition, nor prevent a corporation engaged in commerce from forming subsidiary corporations...

...restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing...causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or...

...capital is so acquired, or to create a mc-nopoly of any line of trade in any section or community. This section shall not apply to corporations purchasing...causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or...

...such commerce in any section or community, or tend to create a monopoly of any line of commerce. (57) This section shall not apply to corporations purchasing...causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or...

...securities or evidences of indebtediicss of any other corporation or corporations of this or any other State solely for investment, and not using the same by voting...bring about, the substantial lessening of competition; provided, also, that nothing herein contained shall be held to affect or impair any right heretofore...

...exception noted for the benefit of life insurance corporations. The CHAIRMAN. That reads as follows : This section shall not apply to corporations purchasing...the same, by voting or otherwise, to bring about or attempting to bring about the substantial lessening of competition. Nor shall anything contained in...