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The Trust Legislation of 1914

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  • E. Dana Durand

Abstract

Introduction. Attitude of the parties in Congress; general character of the legislation, 72. — I. Unfair competitive methods, 74. — General declaration of illegality, 74. — Method of enforcement; discretion of trade commission, 75. — Price discrimination, 77. — Sales and leases conditioned on exclusive patronage, 80. — II. New provisions as to combinations in restraint of trade, 81. — Adequacy of the Sherman act without amendment, 82. — Intercorporate stockholdings, 82. — Interlocking directorates, 84. — Inadequacy of prohibition when community of stock interest is permitted, 85. — Provisions as to banks, 86. — Personal liability to penalties under anti-trust laws, 87. — Private suits, 88. — III. Mismanagement of railroads. Relations to banking, supply and construction companies. Misappropriation of funds, 89. — IV. The interstate trade commission, 90. — Powers of investigation; reports from corporations, 91. — Powers in enforcement and interpretation of law, 94. — Assistance of the commission to attorney general and courts; recommendations for future legislation, 95. — Beneficial results to be anticipated, 97.

Suggested Citation

  • E. Dana Durand, 1914. "The Trust Legislation of 1914," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 29(1), pages 72-97.
    • Handle: RePEc:oup:qjecon:v:29:y:1914:i:1:p:72-97.
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    File URL: http://hdl.handle.net/10.2307/1885298
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    Cited by:

    1. Luca Fiorito, 2012. "When Economics Faces the Economy: John Bates Clark and the 1914 Antitrust Legislation," Working Paper Series, Department of Economics, University of Utah 2012_01, University of Utah, Department of Economics.

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