The decision of the Supreme Court in the Northern Securities case of 1904 applied the so-called "rule of reason" to this legislation, arguing that the title entities in and of themselves were not illegal.
The decision of the Supreme Court in the Northern Securities case of 1904 applied the so-called "rule of reason" to this legislation, arguing that the title entities in and of themselves were not illegal. Earlier, however, the Court had greatly weakened the spirit of this legislation in the E.C. Knight case of 1895, arguing that a company controlling 98% of the trade in sugar was not in violation of the letter of this legislation. Proposed by and named for an Ohio senator, FTP what is this 1890 act of congress meant to discourage and regulate large industrial combinations attempting to dominate trade?
The decision of the Supreme Court in the Northern Securities case of 1904 applied the so-called "rule of reason" to this legislation, arguing that the title entities in and of themselves were not illegal.
{Sherman} Antitrust Act