On January 30, 1905, the U.S. Supreme Court ruled in Swift & Co. v. United States that the Commerce Clause allowed the federal government to regulate monopolies that have a direct effect on interstate commerce, dealing a major blow to the “Beef Trust” cartel. The case followed …
U.S. Supreme CourtSwift & CompanyArmour & CompanyTheodore RooseveltAttorney General Philander Knoxantitrustcorporate-powersupreme-courtregulatory-enforcementprogressive-era
In May 1902, while the Northern Securities case proceeded through the courts, Attorney General Philander Knox filed a second major antitrust suit under President Theodore Roosevelt against the “Beef Trust”—a cartel of six major meatpacking companies (Swift, Armour, Morris, Cudahy, …
On February 19, 1902, President Theodore Roosevelt’s Department of Justice announced plans to file an antitrust suit against the Northern Securities Company, a railroad holding company formed in November 1901 by J.P. Morgan, James J. Hill, and Edward H. Harriman to control the Great Northern …
Theodore RooseveltAttorney General Philander KnoxJ.P. MorganJames J. HillEdward H. Harriman+1 moreantitrustcorporate-powerregulatory-enforcementprogressive-erarailroad-regulation