Murray S. Monroe Sr. | |
---|---|
Born | September 25, 1925 |
Died | September 2, 2003 78) | (aged
Nationality | American |
Education | Yale University (B.S.) University of Pennsylvania Law School (JD) |
Occupation | lawyer at Taft, Stettinius & Hollister |
Known for | Antitrust law |
Spouse | Sally Longstreth Monroe |
Children | Tracy, Murray, Courtney, David |
Murray S. Monroe Sr. (September 25, 1925 - September 2, 2003) was a Cincinnati-based lawyer for Taft, Stettinius & Hollister and founded the firm's Antitrust practice. [1] [2]
Murray Shipley Monroe Sr. was born on September 25, 1925. He graduated from The Governor's Academy prep school in 1943, where he was awarded the school's Morse Flag. [3] [4] He served in the U.S. Navy during World War II. [1] Following military service, he earned a Bachelor of Engineering in 1946 and B.S. in 1947 from Yale University. [1] In 1950, he earned a Juris Doctor degree from the University of Pennsylvania Law School, where he also served as editor of UPenn's Law Review . [1] [2] [4] [5]
Monroe joined Taft, Stettinius & Hollister in 1950 and worked there for the next 53 years. [1] His name appeared third on the firm's letterhead after Robert Taft Jr.. [4] [6] [7]
As a lawyer, Monroe developed the firm's Antitrust practice in the 1960s: by 1993, "Taft’s antitrust practice was rated No. 1 in the Midwestern United States by the Global Research Survey of 1,300 lawyers nation-wide." [2] [8] Clients included: Olin Mathieson, [9] [10] Marathon Oil, [11] Sperry Rand, [12] [13] Kroger, Union Oil, [14] Kimball International, Leggett & Platt, [15] Central Investment, Hilltop Concrete, [16] [17] McGraw-Edison, Globe Chemical, [18] and Ashland Oil. [2] [19] He remained senior partner of counsel at the time of his death. [1] [20] For the firm, he wrote law review articles; trained the firm's lawyers in legal writing, research, and advocacy; and served on all major committees. [2]
As a legal scholar as well as member of the Ohio State Bar Association, Monroe served on the faculty of the Ohio Continuing Legal Education Institute, where he taught antitrust law seminars and wrote for law journals. [1] He taught Intensified Antitrust Law seminars. [2] [21] [22]
Monroe married Sally Longstreth, with whom he had four children: Tracy, Murray, Courtney, and David. [1] [2]
For the Seven Hills School, he served on its board of trustees for a decade, mostly as chairman or treasurer. Under his leadership, Seven Hills expanded its capital and became one of Cincinnati's best known schools. [1] [2] He also served on the board of the College Preparatory School. [1]
Murray S. Monroe died age 78 on September 2, 2003, in Portland, Maine, of acute myeloid leukemia. [1] [2] [23]
The Cincinnati Enquirer called Monroe a "legal scholar" as well as antitrust legal expert. [1]
Scholarly law journals and law books cite his articles. [24] [25] [26] [27]
Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as "Standard Oil Interests." In 1899, the Standard Oil Company acquired the shares of the other 19 companies and became the holding company for the trust.
The Sherman Antitrust Act of 1890 is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce and consequently prohibits unfair monopolies. It was passed by Congress and is named for Senator John Sherman, its principal author.
In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts serve three major functions. First, Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Second, Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. Third, Section 2 of the Sherman Act prohibits monopolization.
Robert Alphonso Taft Jr. was an American politician. He was a member of the Taft family who served as a Republican Representative from Ohio between 1963 and 1965, as well as between 1967 and 1971. Taft also served as a U.S. Senator between 1971 and 1976.
The rule of reason is a legal doctrine used to interpret the Sherman Antitrust Act, one of the cornerstones of United States antitrust law. While some actions like price-fixing are considered illegal per se, other actions, such as possession of a monopoly, must be analyzed under the rule of reason and are only considered illegal when their effect is to unreasonablyrestrain trade. William Howard Taft, then Chief Judge of the Sixth Circuit Court of Appeals, first developed the doctrine in a ruling on Addyston Pipe and Steel Co. v. United States, which was affirmed in 1899 by the Supreme Court. The doctrine also played a major role in the 1911 Supreme Court case Standard Oil Company of New Jersey v. United States.
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law, anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies is commonly known as trust busting.
Charles W. Sawyer was an American lawyer and diplomat who served as the United States Secretary of Commerce from May 6, 1948 to January 20, 1953 in the administration of Harry Truman.
Charles Phelps Taft II was a U.S. Republican Party politician and member of the Taft family. From 1955 to 1957, he served as Mayor of Cincinnati, Ohio. Like other members of his family, Taft was a Republican for the purposes of statewide elections. However, when running for municipal office in Cincinnati, Taft was a member of the Charter Party. During his term as mayor, Fortune magazine ranked Cincinnati as the best managed big city in the United States. As mayor, he gained the nickname "Mr. Cincinnati".
Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1910), was a case in which the Supreme Court of the United States found Standard Oil Co. of New Jersey guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions. The Court's remedy was to divide Standard Oil into several geographically separate and eventually competing firms.
Charles Phelps Taft was an American lawyer and politician who served as editor of the Cincinnati Times-Star and owned both the Philadelphia Phillies and Chicago Cubs baseball teams. From 1895 to 1897, he served one term in the U.S. House of Representatives.
Taft Stettinius & Hollister, commonly known as "Taft", is an American, AmLaw100 law firm founded in Cincinnati, with offices in Cleveland, Columbus, Dayton and Delaware, Ohio; Chicago, Illinois; Denver, Colorado; Detroit, Michigan; Indianapolis, Indiana; Covington, Kentucky; Minneapolis, Minnesota; Phoenix, Arizona; and Washington, D.C. Taft has been referred to as Cincinnati's most prestigious law firm.
Leegin Creative Leather Products, Inc. v. PSKS, Inc., 551 U.S. 877 (2007), is a US antitrust case in which the United States Supreme Court overruled Dr. Miles Medical Co. v. John D. Park & Sons Co.Dr Miles had ruled that vertical price restraints were illegal per se under Section 1 of the Sherman Antitrust Act. Leegin established that the legality of such restraints are to be judged based on the rule of reason.
William J. Seitz III is the state representative for the 30th district of the Ohio House of Representatives. He is a Republican. The district consists of Cheviot, Delhi Township, Green as well as portions of Cincinnati, in Hamilton County. Formerly, Seitz represented the same seat from 2001 to 2007. He served in the Ohio Senate from 2007 to 2016. He has also served as Majority Leader since 2017 serving under five different speakers and two interim speakers. After 24 years in the Ohio General Assembly, Seitz has decided to retire at the end of his term in 2024.
Goldfarb v. Virginia State Bar, 421 U.S. 773 (1975), was a U.S. Supreme Court decision. It stated that lawyers engage in "trade or commerce" and hence ended the legal profession's exemption from antitrust laws.
The Greater Cincinnati Chamber of Commerce, doing business as the Cincinnati USA Regional Chamber, is a regional chamber of commerce. It is one of the nation's largest chambers of commerce, representing 4,000 businesses and nearly over 500,000 employees in southwestern Ohio, northern Kentucky and southeastern Indiana, also known as Greater Cincinnati, or the Cincinnati–Northern Kentucky metropolitan area. It was twice named national Chamber of the Year.
The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history. Although "trust" had a technical legal meaning, the word was commonly used to denote big business, especially a large, growing manufacturing conglomerate of the sort that suddenly emerged in great numbers in the 1880s and 1890s. The Interstate Commerce Act of 1887 began a shift towards federal rather than state regulation of big business. It was followed by the Sherman Antitrust Act of 1890, the Clayton Antitrust Act and the Federal Trade Commission Act of 1914, the Robinson-Patman Act of 1936, and the Celler-Kefauver Act of 1950.
Michael Wager is an attorney for Taft Stettinius & Hollister in Cleveland, Ohio, serving as the Chair of the firm's Business & Finance Group. Wager was the 2016 Democratic candidate for U.S. Congress in Ohio's 14th District; he also ran in 2014.
Adam Clay Miller is an American attorney and politician serving as a member of the Ohio House of Representatives from the 6th district. He is a Democrat. The district consists of portions of Columbus including Hilltop, and the Southside as well as Valleyview in Franklin County.
Robert Bilott is an American environmental attorney from Cincinnati, Ohio. Bilott is known for the lawsuits against DuPont on behalf of plaintiffs injured by chemical waste dumped in rural communities in West Virginia. Bilott has spent more than twenty years litigating hazardous dumping of the chemicals perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS). They were unregulated as industry had never publicly identified them as having known hazardous effects, despite internal studies showing these results.
Kenneth L. Lawson is the co-director of the Hawai'i Innocence Project, a faculty specialist at the William S. Richardson School of Law, and a former attorney.