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American Sugar Refining Company

American company

Quick Summary

The American Sugar Refining Company was a dominant force in the sugar industry in the United States. By 1892, it controlled approximately 98% of the nation's sugar refining, creating a virtual monopoly. This significant market control led to a landmark legal case, United States v. E.C. Knight Company, in 1895. The Supreme Court ruled that manufacturing, including sugar refining, was a local activity and not subject to federal regulation under the Sherman Antitrust Act concerning interstate commerce. This decision allowed for the formation of monopolies and limited the effectiveness of antitrust laws for a period. The company was formed in 1891 as part of a trend toward industrial consolidation.12

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