The interpretation of the Sherman Anti-Trust Law has caused many a false step that has subsequently been retraced. Recently the U. S. Supreme Court has held (in the Maple Flooring Manufacturers' Association case) that exchange of information regarding sales, costs, etc., among competitors does not necessarily constitute any violation of the anti-trust law.
Back in the salad days of the U. S. Steel Corporation, Judge Gary unwittingly attracted much attention by inviting other steel gentlemen to take dinner with him occasionally to talk over the steel business. The Steel Corporation has often been...
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