Antitrust legislation

In the United States the petrochemical industry set its house in order along purely capitalistic lines. Each company involved acted alone for fear of infringing antitrust legislation and the main concern was to restore profitability. Unlike Du Pont, which acquired Conoco, other chemical companies tried to get rid of their petrochemicals. Hercules sold its DMT units to Petrofina, and subsequently its 40 percent stake in Himont to Montedison, while Monsanto was shedding its Texas City petrochemical site. 

Unlike the United States, where the antitrust legislation restricted cartel behavior, German cartels enjoyed legal sanction, which meant the cartel agreements could be enforced in courts. The German dyes industry first turned to cartels in 1881, and over the next two decades the various... 

Other open-price societies existed, including one among hardwood lumber companies, which in 1921 the Supreme Court declared in violation of the Sherman antitrust legislation. Arthur Eddy, a lawyer and leading proponent of such societies, advised the... 

To obtain access to information in the Antitrust Division, inquiry should be made of the Legislation and Clearance Section of the Division, either by letter or by personal application. As a rule, the latter method is much more satisfactory. 

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