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Roosevelt's second appointment, former Secretary of State William R. Day, became a reliable vote for Roosevelt's antitrust prosecutions and remained on the court from 1903 to 1922. [25] In 1906, after considering Democratic appellate judge Horace Harmon Lurton for a Supreme Court vacancy, Roosevelt instead appointed Attorney General William ...
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.
The case originated in 1902 when President Theodore Roosevelt directed his Attorney General Philander Knox to bring a lawsuit against the "Beef Trust" on antitrust grounds using the Sherman Antitrust Act of 1890. The evidence at trial demonstrated that the "Big Six" leading meatpackers were engaged in a conspiracy to fix prices and divide the ...
Federal antitrust laws, as well as most state laws, provide for "treble" (triple) damages against antitrust violators in order to encourage private lawsuit enforcement of antitrust law. Thus, if a company is sued for monopolizing a market and the jury concludes the conduct resulted in consumers' being overcharged $200,000, that amount will ...
President William McKinley, however, was not willing to pursue antitrust litigation against Hill. [1] McKinley was assassinated, however, and his progressive Vice-President, Theodore Roosevelt, ordered the United States Department of Justice to pursue a case against Northern Securities. [1] The case was led by Assistant Attorney General Milton ...
An early usage of "square deal" by Theodore Roosevelt in the press occurred in 1899, when The New York Times quoted his saying, "I did not appoint a man because he came from Dr. Wall's or any other church; I gave each man a square deal on his own account.
The 1906 law was signed by Roosevelt and gives presidents unilateral authority to designate national monuments on federal lands. Eighteen presidents have used the Antiquities Act to designate 167 ...
The company was sued in 1902 under the Sherman Antitrust Act of 1890 by the Justice Department under President Theodore Roosevelt, one of the first antitrust cases filed against corporate interests instead of labor. The government won its case, and the company was dissolved, so that the three railroads again operated independently.