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Ftc v. Sinclair Refining Co., 261 U.S. 463 (1923)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Ftc v. Sinclair Refining Co., 261 U.S. 463 (1923)
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Federal Trade Commission v. Sinclair Refining Company Nos. 213 , 637 , 638 , 639 Argued March 8, 9, 1923 Decided April 9, 1923 261 U.S. 463
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE THIRD CIRCUIT
Syllabus
1. The practice, upon the part of a manufacturer of gasoline, of leasing underground tanks with pumps to retail dealers at nominal rentals and upon condition that the equipment shall be used only with gasoline supplied by the lessor, is not in violation of the Clayton Act. P. 473.
2. Nor is it unfair competition, within the Federal Trade Commission Act, as regards either the trade in gasoline -- or the trade in such storage and pumping equipment. P. 474.
3. The Federal Trade Commission has no general authority to compel competitors to a common level, to interfere with ordinary business methods, or to restrict competition to arbitrary standard. P. 475.
4. The great purpose of both of the above statutes was to advance the public interest by securing fair opportunity for the play of contending forces engendered by an honest desire for gain, and to this end it is essential that those who adventure their time, skill, and capital should have large freedom of action in the conduct of their own affairs. P. 476.
276 F. 686, 282 F. 81, affirmed.
Certiorari to four judgments of circuit courts of appeals setting aside as many orders of the Federal Trade Commission.
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Chicago: U.S. Supreme Court, "Syllabus," Ftc v. Sinclair Refining Co., 261 U.S. 463 (1923) in 261 U.S. 463 261 U.S. 464. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=9M64PMMB5FSN8E9.
MLA: U.S. Supreme Court. "Syllabus." Ftc v. Sinclair Refining Co., 261 U.S. 463 (1923), in 261 U.S. 463, page 261 U.S. 464. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=9M64PMMB5FSN8E9.
Harvard: U.S. Supreme Court, 'Syllabus' in Ftc v. Sinclair Refining Co., 261 U.S. 463 (1923). cited in 1923, 261 U.S. 463, pp.261 U.S. 464. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=9M64PMMB5FSN8E9.
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