Sherman Antitrust Act

Puerto Rico v. Shell Co. was a key U.S. Supreme Court case that clarified the application of federal antitrust law to Puerto Rico. The case arose when Puerto Rico charged Shell Co. with violating its local antitrust law. Shell argued that the federal Sherman Act preempted Puerto Rico’s law,…

<p><span class="deck">First among all nations the United States made “restraint of trade” a crime, and voted an economic ideal into law. One of its most energetic exponents looks back on that unique, vague, and unenforceable bit of legislation: the Sherman Antitrust Act</span> </p>