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Swift & Co. v. United States, 196 U.S. 375 (1905), was a case in which the United States Supreme Court ruled that the Commerce Clause allowed the federal government to regulate monopolies if it has a direct effect on commerce. It marked the success of the Presidency of Theodore Roosevelt in destroying the "Beef Trust". This case established a ...
Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
Perhaps the most famous antitrust enforcement actions brought by the federal government were the break-up of AT&T's local telephone service monopoly in the early 1980s [67] and its actions against Microsoft in the late 1990s. Additionally, the federal government also reviews potential mergers to attempt to prevent market concentration.
Legislation in England to control monopolies and restrictive practices were in force well before the Norman Conquest. [4] The Domesday Book recorded that " foresteel " (i.e. forestalling, the practice of buying up goods before they reached market and then inflating the prices) was one of three forfeitures that King Edward the Confessor could ...
In July 1940, Roosevelt appointed two interventionist Republican leaders, Henry L. Stimson and Frank Knox, as Secretaries of War and the Navy, respectively. Both parties gave support to his plans for a rapid build-up of the American military, but the isolationists warned that Roosevelt would get the nation into an unnecessary war with Germany ...
Theodore (Teddy) Roosevelt. Theodore "Teddy" Roosevelt, Jr. was the 26th President of the United States of America. Not only a politician and statesman, he was also a soldier, conservationist ...
United States v. Alcoa, 148 F.2d 416 (2d Cir. 1945), [1] is a landmark decision concerning United States antitrust law.Judge Learned Hand's opinion is notable for its discussion of determining the relevant market for market share analysis and—more importantly—its discussion of the circumstances under which a monopoly is guilty of monopolization under section 2 of the Sherman Antitrust Act.
Within 24 hours, Congress had reversed its position of neutrality in World War II, declaring war on Japan and starting the chain of events that led to the U.S. forces joining the full war.