The supreme court ruled in the northern securities trust case that the
a. monopoly was illegal and the trust should be broken up
b. monopoly was legal and could continue business
c. government should ignore trusts
d. government should encourage monopolies
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Correct
A. Monopoly was illegal and the trust should be broken up
Because they were combining powers in the stock market there was a monopolization during that time. The company Northern Securities Company was formed to control the stock of its main railway properties. In the year 1903 the Supreme Court of the USA determined that the monopoly was illegal and ruled against the shareholders of the railway companies of the Great North and the North Pacific and ordered the dissolution of the Northern Securities Company.
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