The Supreme Court found that a large holding company was an unlawful combination within the meaning of the Sherman Antitrust Act (1890).
The Sherman Antitrust Act of 1890 was of limited success in controlling corporate power during its first decade. After Theodore Roosevelt
By a 5-4 vote, however, the Supreme Court agreed with the government’s case against the company. Writing for the majority, Justice John Marshall Harlan
Antitrust law
E. C. Knight Co., United States v.
Sherman Antitrust Act