Political Quotes

Bill Taft: “The courts never assumed power to say that such contracts or combinations or conspiracies might be lawful if the parties…”

On the record
The courts never assumed power to say that such contracts or combinations or conspiracies might be lawful if the parties to them were only moderate in the use of the power thus secured and did not exact from the public too great and exorbitant prices.
Said by
Bill Taft
Republican · Ohio

Editor's note · Context

Taft argues that courts have historically not allowed certain contracts that harm competition, regardless of their intent.

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