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Trade Restraints - Antitrust Laws - Consent Decrees - Right Of Intervention Where Decree Reopened, Gerald M. Lively
Trade Restraints - Antitrust Laws - Consent Decrees - Right Of Intervention Where Decree Reopened, Gerald M. Lively
Michigan Law Review
In 1935, the Attorney General brought a suit in equity to enforce the antitrust laws, charging Columbia Gas & Electric Corporation and its controlled instrumentality, Columbia Oil & Gasoline Corporation, and individual defendants, with having conspired for the benefit of Columbia Gas to shut out operation in the Indiana-Ohio-Michigan area by the Panhandle Eastern Pipe Line Company, which had built a natural-gas pipe line from the Texas fields to the border of Indiana. Panhandle was an offspring of Missouri-Kansas Pipe Line Company, or Mokan, which at the time of the suit owned half its stock and half its junior debt. …