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Chapter 25: Problem 6

Until the Alcoa case, the Supreme Court generally held that __________. ( \(\mathrm{OO} 3)\) a) bigness was all right as long as the company wasn't bad b) bigness was all right under any circumstances c) a company could do as it pleased as long as it wasn't big

Short Answer

Expert verified
Before the Alcoa case, the Supreme Court generally held that bigness was all right as long as the company wasn't bad.

Step by step solution

01

Analyze given options

To answer the question, we must first analyze the three given options: a) bigness was all right as long as the company wasn't bad b) bigness was all right under any circumstances c) a company could do as it pleased as long as it wasn't big
02

Recall historical context

Before the Alcoa case, the Supreme Court followed the Sherman Antitrust Act, which aimed to prevent and regulate monopolistic practices, including businesses growing too big and engaging in predatory or harmful practices.
03

Evaluate options based on historical context

Considering the historical context of the Sherman Antitrust Act, we can rule out option b) since the Supreme Court didn't hold that bigness was all right under any circumstances. Option c) doesn't seem to fit because the main focus of the laws and Supreme Court decisions related to this issue was on preventing monopolistic practices, which would likely involve bigger companies. Option a) aligns with the goal of the Sherman Antitrust Act and the general stance of the Supreme Court before the Alcoa case. Bigness was considered acceptable as long as it didn't involve harmful or predatory practices.
04

Conclusion

So, based on the analysis and historical context, the correct answer is: a) bigness was all right as long as the company wasn't bad

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