Northern Securities Co. v. United States
Northern Securities--legitimate Business Or Monopoly?, Further Readings
Northern Securities Company
That the Northern Securities holding company did not represent a conspiracy in restraint of trade under the Sherman Anti-Trust Act.
Chief Lawyers for Appellant
John W. Griggs, George B. Young, John G. Johnson
Chief Lawyers for Appellee
Philander Chase Knox, U.S. Attorney General; William A. Day
Justices for the Court
David Josiah Brewer, Henry Billings Brown, William Rufus Day, John Marshall Harlan I (writing for the Court), Joseph McKenna
Melville Weston Fuller, Oliver Wendell Holmes, Rufus Wheeler Peckham, Edward Douglass White
Date of Decision
14 March 1904
That the Northern Securities Company was a trust in the meaning of the law, and that it was a combination in restraint of trade, and that the Sherman Anti-Trust law did apply.
By upholding the ruling of the Circuit Court of Minnesota, which had held that the Northern Securities Company was an illegal combination in restraint of trade, the Supreme Court put a stop to further combination in railroad companies. Furthermore, the court ruled that the Sherman Act could be used to break up companies already formed, paving the way for more vigorous antitrust litigation. However, the dissents in the case paved the way for "reasonable" monopolies.
- Munn v. Illinois, 94 U.S. 113 (1876).
- In re Debs, 158 U.S. 564 (1895).
- United States v. E. C. Knight, 156 U.S. 1 (1895).
- Allegeyer v. Louisiana, 165 U.S. 578 (1897).
- Holden v. Hardy, 169 U.S. 366 (1898).
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- Northern Securities Co. v. United States - Further Readings
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