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International Salt Co. v. United States, 332 U.S. 392 (1947), was a case in which the United States Supreme Court held that the Sherman Act prohibits as per se violations all tying arrangements in which a product for which a seller has a legal monopoly, such as a patent, requires purchasers to buy as well a product for which the seller has no legal monopoly.
They later co-founded the Morton Sand and Gravel Company. [3] They purchased Richmond and Company, a salt distributor in 1886 and renamed it Joy Morton and Company. Mark Morton was the company's vice president and one of its directors from its founding until his retirement in 1922. The company became the International Salt Company in 1902.
The group was organized by investor Edward Laton Fuller, President of the International Salt Company, and led by George Jay Gould I. [1] Gould, the President of the Denver and Rio Grande Western Railroad and the Missouri Pacific Railroad, had acquired control of several railroad companies in an attempt to build a transcontinental rail network c ...
Morton Salt is an American food company producing salt for food, water conditioning, industrial, agricultural, and road/highway use. Based in Chicago, [1] the business is North America's leading producer and marketer of salt. It is a subsidiary of holding company Stone Canyon Industries Holdings, Inc.
IMC Global (also known as International Minerals and Chemical Corporation and Imcera) was a mining and production company, formerly listed on the S&P MidCap 400. [2] It was founded in 1909 as International Agricultural Corporation. [ 3 ]
Construction of the mine began in 1958 by the International Salt Company. [7] Production began in 1962, [4] [7] and the company would be renamed Akzo Nobel Salt following an acquisition. [7] The mine was acquired by Cargill in 1997. [9] The company launched a $13.8 million expansion of operations in 2010. [9]
Exportadora de Sal S.A. (abbreviated as ESSA) is a company dedicated to salt production through solar evaporation of sea water in the Ojo de Liebre Lagoon, Baja California Sur, Mexico. Founded in 1954 by American shipping businessman Daniel K. Ludwig , it is currently partially owned by the Mexican government and Mitsubishi.
Within the history of China, every dynasty instituted a salt monopoly system, originally intended mainly for taxation purposes. Since salt was an essential and irreplaceable commodity used in everyday life, and therefore was viable as a stable source of government revenue, various historical rulers employed a salt monopoly which forbade the production and sales of salt by commoners. [4]