Oliver Wendell Holmes, Jr.

Summary

Oliver Wendell Holmes, Jr. International Harvester Company v…

To compel them to guess, on peril of indictment, what the community would have given for them if the continually changing conditions were other than they are, to an uncertain extent; to divine prophetically what the reaction of only partially determinate facts would be upon the imaginations and desires of purchasers, is to exact gifts that mankind does not possess.
Source: Wikisource

Oliver Wendell Holmes, Jr. International Harvester Company v…

Whatever doubt there may be about the exact figures, we hardly suppose the fact of a rise to be denied. But, in order to each what is called the real value,-a price from which all effects of the combination are to be eliminated,-the plaintiff in error is told that it cannot avail itself of the rise in materials because it was able to get them cheaper through one of the subsidiary companies of the combination, and that the saving through the combination more than offset all the rise in cost.
Source: Wikisource

Oliver Wendell Holmes, Jr. International Harvester Company v…

It is a fact, and generally is more or less easy to ascertain. But what it would be with such increase of a never extinguished competition as it might be guessed would have existed had the combination not been made, with exclusion of the actual effect of other abnormal influences, and, it would seem, with exclusion also of any increased efficiency in the machines, but with inclusion of the effect of the combination so far as it was economically beneficial to itself and the community, is a problem that no human ingenuity could solve.
Source: Wikisource

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