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Citation: 310 U.S. 150

1. United States v. Socony-Vacuum Oil Co., No. 346, SUPREME COURT OF THE UNITED STATES, February 5, 6, 1940, Argued , May 6, 1940, Decided

OVERVIEW: Despite oil companies' claim that they were correcting a competitive evil in the market--where they formed a combination engaging in price-fixing to create a pricing floor--they were properly convicted of violating the Sherman Act.

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