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Matter of Standard Oil Co. of New Jersey

2 F.T.C. 357 (1920)

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Matter of Standard Oil Co. of New Jersey

Federal Trade Commission
2 F.T.C. 357 (1920)

Facts

The Standard Oil Company of New Jersey (company) (defendant) leased gasoline-dispensing pumps to retail oil and gas dealers across the United States at a significantly discounted price. The company offered this discount to retailers on the condition that the pumps not be used to store or dispense the oil of any competitor of the company. The Federal Trade Commission (FTC) (plaintiff) initiated proceedings against the company for using unfair methods of competition in interstate commerce in violation of the FTC Act and using exclusive-use provisions in the leases in violation of the Clayton Act. Evidence presented at the proceedings showed that most retail dealers needed only one pump to conduct their businesses, and many competitors lost customers to the company.

Rule of Law

Issue

Holding and Reasoning ()

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