Robert Bork, the late legal scholar, appellate court judge and unsuccessful Supreme Court nominee, was widely known for his outspoken criticism of the antitrust rule. In recent years, the Sherman Act has become a target of conservative critics. It should be as much the aim of those who seek for social betterment to rid the business world of crimes of cunning as to rid the entire body politic of crimes of violence.” Corporations engaged in interstate commerce should be regulated if they are found to exercise a license working to the public injury. Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States. Rockefeller, the founder and chair of Standard Oil, and his partners took advantage of both the rarity of oil and the revenue produced from it to set up a monopoly. “It is no limitation upon property rights or freedom of contract to require that when men receive from government the privilege of doing business under corporate form, which frees them from individual responsibility, and enables them to call into their enterprises the capital of the public, they shall do so upon absolutely truthful representations as to the value of the property in which the capital is to be invested. company and corporate trust that from 1870 to 1911 was the industrial empire of John D. The oil industry was prone to what is called a natural monopoly because of the rarity of the products that it produced. It is based upon sincere conviction that combination and concentration should be, not prohibited, but supervised and within reasonable limits controlled and in my judgment this conviction is right. “It does not rest upon a lack of intelligent appreciation of the necessity of meeting changing and changed conditions of trade with new methods, nor upon ignorance of the fact that combination of capital in the effort to accomplish great things is necessary when the world’s progress demands that great things be done. “This springs,” he observed, “from no spirit of envy or uncharitableness, nor lack of pride in the great industrial achievements that have placed this country at the head of the nation’s struggling for commercial supremacy.
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