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United States v. American Linseed Oil Co., 262 U.S. 371 (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.
United States v. American Linseed Oil Co., 262 U.S. 371 (1923)
United States v. American Linseed Oil Company No. 307 Argued April 25, 26, 1923 Decided June 4, 1923 262 U.S. 371
APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES
FOR THE NORTHERN DISTRICT OF ILLINOIS
Syllabus
For the avowed purpose of substituting so-called "open competition" for the normal competition theretofore prevailing between them, but really to defeat the Sherman Anti-Trust Act without subjecting themselves to its penalties, large manufacturers of linseed oil, oil cake, and linseed meal subscribed to an agreement with a central agency which required each of the subscribers: to reveal to the agency, promptly and periodically, intimate details of its business for transmission to the others; to subject itself to autocratic powers vested in the agency; to pay large fees to the agency and make it pecuniary deposits forfeitable for infractions of the agreement; to furnish schedules of prices and terms of sale and adhere to them (unless more onerous ones were obtained), until prepared to give immediate notice of departure therefrom for relay by the agency to the other subscribers; to be represented at monthly meetings and report upon matters of interest to be there discussed, and to comply with all reasonable requirements of the agency, and divulge no secrets. Held that the necessary effect of the combination, viewed in the light of what was done under it, was to suppress competition in violation of the Sherman Act. P. 388. American Column & Lumber Co. v. United States, 257 U.S. 377.
275 F. 939 reversed.
Appeal from a decree of the district court dismissing a bill for an injunction brought under the Sherman Act.
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Chicago: U.S. Supreme Court, "Syllabus," United States v. American Linseed Oil Co., 262 U.S. 371 (1923) in 262 U.S. 371 262 U.S. 379. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=JGKK5X9XCLBLUFN.
MLA: U.S. Supreme Court. "Syllabus." United States v. American Linseed Oil Co., 262 U.S. 371 (1923), in 262 U.S. 371, page 262 U.S. 379. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=JGKK5X9XCLBLUFN.
Harvard: U.S. Supreme Court, 'Syllabus' in United States v. American Linseed Oil Co., 262 U.S. 371 (1923). cited in 1923, 262 U.S. 371, pp.262 U.S. 379. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=JGKK5X9XCLBLUFN.
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