jan 21, 1895 - United States v. E.C. Knight Co. (Policy)
Description:
Event: The U.S. government sued the E.C. Knight Company under the Sherman Antitrust Act (1890) for controlling 98% of sugar refining in the United States, accusing it of forming a monopoly through the American Sugar Refining Company.Impact: The Supreme Court ruled that manufacturing was not interstate commerce and thus not regulated by the Sherman Antitrust Act, weakening federal antitrust enforcement and. allowing monopolies to persist.
Added to timeline:
Date:
jan 21, 1895
Now
~ 130 years ago