Summary

Portrait of Edward Terry Sanford Edward Terry Sanford Federal Trade Commission v. Raymond Company…

The words 'unfair method of competition,' as used in the Act, 'are clearly inapplicable to practices never heretofore regarded as opposed to good morals because characterized by deception, bad faith, fraud or oppression, or as against public policy because of their dangerous tendency unduly to hinder competition or create monopoly.' Federal Trade Comm.
Source: Wikisource

Portrait of Edward Terry Sanford Edward Terry Sanford Federal Trade Commission v. Raymond Company…

Likewise a wholesale dealer has the right to stop dealing with a manufacturer 'for reasons sufficient to himself.' And he may do so because he thinks such manufacturer is undermining his trade by selling either to a competing wholesaler or to a retailer competing with his own customers. Such other wholesaler or retailer has the reciprocal right to stop dealing with the manufacturer. This each may do, in the exercise of tree competition, leaving it to the manufacturer to determine which customer, in the exercise of his own judgment, he desires to retain.
Source: Wikisource

Portrait of Edward Terry Sanford Edward Terry Sanford Federal Trade Commission v. Raymond Company…

The gravamen of the contention in behalf of the Commission is that the conduct of the Raymond Company, acting alone and not in combination with others, in threatening the withdrawal of patronage from the Snider Company if it continued to sell goods to the Stores Company, constituted an unfair method of competition oppressive in its character, unlawful when tested by common law criteria, and having a dangerous tendency unduly to hinder competition.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature