After a trial lasting four years, Hand wrote for the court an opinion rejecting the “rule of reason” that the Supreme Court had applied in antitrust cases since 1911.
1945), is a landmark decision concerning United States antitrust law. This appeal comes to us by virtue of a certificate of the Supreme Court, under the amendment of 1944 to § 29 of 15 U.S.C.A. Whatever damage the antitrust laws may have done to our economy, whatever distortions of the structure of the nation's capital they may have created, these are less disastrous than the fact that the effective purpose, the hidden intent, and the actual practice of the antitrust laws in the United States have led to the condemnation of the productive and efficient members of our society because they are productive and efficient.
Written and curated by real attorneys at Quimbee. Hand remanded the matter to the trial court for a determination of the remedy.Until 1950, Alcoa was concerned with its domestic market, while its Canadian subsidiary Aluminium Company of Canada, Limited (ALCOA is being condemned for being too successful, too efficient, and too good a competitor. only firms engaging in illegal business practices violate antitrust law.d. Nothing compelled it to keep doubling and redoubling its capacity before others entered the field. The Sherman Act was designed to: -make monopoly and acts that restrain trade illegal. Alcoa, 148 F.2d 416 (2d Cir. If it did, then there would be no wrong, no liability, and no need to remedy the result. The first case to establish the effects doctrine was United States v. Alcoa, 148 F.2d 416 (2d Cir. Step-by-step solution: Nothing compelled it to keep doubling and redoubling its capacity before others entered the field. behavior of a firm is more important in antitrust law.In the ALOCA case of 1945, the courts held that anti-trust laws If one competitor succeeds through such plans to the extent of 90% of the market, that planning can be described given Hand's reasoning as the successful and illegal monopolization of the market.Hand remanded the matter to the trial court for a determination of the remedy.Until 1950, Alcoa was concerned with its domestic market, while its Canadian subsidiary Aluminium Company of Canada, Limited (ALCOA is being condemned for being too successful, too efficient, and too good a competitor. Get kids back-to-school ready with Expedition: Learn!
The behavior of monopoly does not decide whether its existence is against anti-trust laws or not.
The "rule of reason" indicated that:-only contracts and combinations that unreasonably restrain trade violate the antitrust laws. 204 Argued: April 23, 1964 Decided: June 1, 1964. exclusive dealing was not exempt from antitrust law.b. He ruled that evidence of greed or lust for power was inessential; monopoly itself… Read More In the ALOCA case of 1945, the courts held that anti-trust laws do not differentiate between ‘good’ monopoly and ‘bad’ monopoly. 1945), [1] is a landmark decision concerning United States antitrust law.Judge Learned Hand's opinion is notable for its discussion of determining the relevant market for market share analysis and — more importantly — its discussion of the circumstances under which a monopoly is guilty of monopolization under section 2 of the Sherman Antitrust Act. UNITED STATES v. ALCOA(1964) No. The Alcoa decision [U.S. v. Aluminum Co. of America, 148 F.2d 416 (2 nd Cir.1945)] marked a major shift in the position of the Court on section 2. In the Alcoa case of 1945, the courts held thata.
Alcoa Case A 1945 Supreme Court case where the Court held that even though the firm's behavior may be legal, the mere possession of monopoly power violated antitrust laws. up with the idea of “anti-trust,” or the notion that a company that held a huge market share operated as a “monopoly.” So why was Alcoa in such trouble?
a. exclusive dealing was not exempt from antitrust law.b. This, Alcoa was found guilty of violating the Sherman act. Because several Supreme Court justices disqualified themselves, Hand’s court rendered the final decision (1945) in a major antitrust suit against the Aluminum Company of America (usually called the Alcoa case). United States v. Alcoa, 148 F.2d 416 (2d Cir. the mere existence alone of a monopoly violates antitrust law.c. is against anti-trust laws or not.Also, engagement in illegal business practices is not the sole monopoly.The behavior of monopoly does not decide whether its existence
do not differentiate between ‘good’ monopoly and ‘bad’ The United States brought this civil antitrust suit alleging a violation of 7 of the Clayton Act by Aluminum Company of America's (Alcoa's) 1959 acquisition of the stock and assets of Rome Cable Corporation (Rome), and asking for divestiture. Judge Learned Hand 's opinion is notable for its discussion of determining the relevant market for market share analysis and—more importantly—its discussion of the circumstances under which a monopoly is guilty of monopolization under section 2 of the Sherman Antitrust Act . But that acknowledgement has generally been seen as an empty one in the context of the rest of the opinion, because rivals in a market routinely plan to outdo one another, at the least by increasing efficiency and appealing more effectively to actual and potential customers. Judge Learned Hand held that he could consider only the percentage of the market in "virgin aluminum" for which Alcoa accounted.It was not inevitable that it should always anticipate increases in the demand for ingot and be prepared to supply them. Specifically, the Court dispensed with the "abuse theory"--i.e., evident purpose or intent to monopolize must be established based on "abusive" business practices. This chapter will use the story of Alcoa up to 1945, when the federal government reduced the company’s market share through an anti-trust case. 148 F.2d 416 (2d Cir.
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