In United States v. E.C. Knight Co. (1895), the Supreme Court rejected the government's charge that a company had become an illegal monopoly in buying and selling

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In United States v. E.C. Knight Co. (1895), the Supreme Court ruled against the government's charge of an illegal monopoly in the context of the American Sugar Refining Company's acquisition of four refineries, which gave it control of about 98% of the sugar refining capacity in the United States. The Court held that manufacturing (refining sugar in this case) was a local activity not subject to congressional regulation of interstate commerce.

In United States V