Supreme Court Dismisses U.S. Steel Antitrust Case, Ruling Size Alone Not Illegal - Enforcement Ends Until 1945

The U.S. Supreme Court, in a 4-3 decision written by Justice Joseph McKenna, dismissed the government’s antitrust case against U.S. Steel Corporation, the world’s first billion-dollar company created through J.P. Morgan’s 1901 merger. The Court ruled: “We must adhere to the …