Bathtub Trust
The Bathtub Trust was when the Standard Sanitary Manufacturing Company and forty-nine other companies were charged with engaging in anti-competitive practices (price fixing etc). The trust had been around in some form or another since at least the turn of the century. A suite was filed against them, at the urging of President William Howard Taft, that began in Baltimore.[1] It reached the Supreme Court of the United States as Standard Sanitary Mfg. Co. v. United States and the trust was broken.[2][3] Joseph R. Darling was a special agent of the United States Department of Justice who prepared the case.[4] In 1915 he wrote "Darling on Trusts" a legal treatise.
A subsequent criminal case was brought in Detroit, and in February 1913, members of the now-broken trust were found guilty of criminal conspiracy to restrain trade.[5]
References
- ^ "Bathtub Suit Began Here". The Baltimore Sun. November 20, 1912. p. 7.
- ^ "Seller of Patent Can't Prescribe Prices or Sales of Product, Says Supreme Court". The New York Times. November 19, 1912. Retrieved 2009-07-23.
- ^ "Bathtub Trust Order Is Signed". The Evening Sun. November 27, 1911. p. 12.
- ^ "Joseph R. Darling Resigns". The Christian Science Monitor. December 1, 1913. Archived from the original on October 21, 2012. Retrieved 2009-07-23.
- ^ "Bathtub Trust Guilty". The Baltimore Sun. February 15, 1913. p. 5.