Author Question: In the United States v. Knight Company, the Supreme Court diminished the effectiveness of the ... (Read 68 times)

SAVANNAHHOOPER23 · **on:** Jul 4, 2018

In the United States v. Knight Company, the Supreme Court diminished the effectiveness of the Sherman Anti-Trust Act by ruling that

A) manufacturing was not interstate commerce.
B) the Granger Laws were unconstitutional because states could not regulate interstate commerce.
C) all trusts and monopolies in interstate commerce were illegal and could be broken up by the federal government.
D) employers could force employees to sign and abide by yellow dog contracts.
E) holding companies, which simply owned a controlling share of the stock of other firms, were not subject to antitrust laws.

Question 2

How successful was the Sherman Anti-Trust Act?

A) Its success was limited, since only 18 suits were brought by the government from 1890 to 1904.
B) Companies like Standard Oil got around it by reorganizing as holding companies.
C) It did manage to hit some companies that acted as monopolies or restrained trade with fines of up to 5000.
D) All of these choices
E) None of these choices