COMPETITION THROTTLED
STONDftRD 01L.
DETAHS-OF ADVERSE JUDGMENT. - •> (Br Telesraoh."-Pro«8 Association.—OorrrlefiU ' New York, November 21. The judgment of the Court of Appeal) ordering tb.o Standard Oil Company of Now Jersey to bo dissolved, describee tbo company as exert- . ing itself to prevent competition between tho , companies, it controls, and also to fix the pur-' cba6o price of crndo ojl, tbo rotes for| its-trans-port, and tho selling price of products. It prevented, and is preventing, any s compefcitMn in intcr-Stato and international commerce is petroleum and its products between the enb< stdiary companies, alid between these and it- s self. Defendants, the judgment declares, entered into a combination und conspiracy, v which 4, , legal (illegal ?) under Section 1 of tho Anti< Trust Act a!> monopolising a substantial part of inter-State and international commerce, an<! i violates Section 2 , The judgment enjoins the Standard Oil Com i pany of New Jersey from voting on tho 6tocl > of defendant companies, and exorcising con. I trol of, and suporw&ing these,,in' virtue a* holding stock in them.
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https://paperspast.natlib.govt.nz/newspapers/DOM19091123.2.45
Bibliographic details
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Dominion, Volume 3, Issue 671, 23 November 1909, Page 5
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171COMPETITION THROTTLED Dominion, Volume 3, Issue 671, 23 November 1909, Page 5
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