During the Gilded Age, so-called “captains of industry” such as Andrew Carnegie, John D. Rockefeller, and J.P. Morgan led an industrial revolution that transformed the nation with technological innovation, creating for Americans unparalleled improvements in the average standard of living and amassing great personal fortunes in the process. The spectacular success—and enormous power—of these newly minted tycoons earned them the sobriquet “Robber Baron,” even as their ruthless business tactics, such as Rockefeller’s cartelization of the oil industry through trusts, fostered new laws to regulate anti-competitive business practices, notably the 1890 Sherman Act. These measures are called “antitrust” laws, an often-forgotten tribute to the dynastic Standard Oil Trust, which at its peak controlled the refining of 90 to 95 percent of all oil produced in the United States.
The University of Chicago News
A Harris County man is suing over claims Chicago University Press published a book using copyrighted material from his own book without his permission.
AUSTIN (Legal Newsline) – From renowned authors to trial lawyers, Chicago residents are filling the campaign coffers of Texas state Sen. Wendy Davis, the Democratic nominee for governor.
NEW YORK (Legal Newsline) — Samuel Issacharoff, the New York University School of Law professor who is representing a group of class action plaintiffs against oil giant BP, often is described as a Renaissance man.
Texas Supreme Court Justice Dale Wainwright has announced he will resign his seat on the court to join an Austin law firm.
Browning At a March 30, 2007, campaign fundraiser, then-candidate Barack Obama stated "I was a constitutional law professor, which means unlike the current president, I actually respect the Constitution."
Mitchell AUSTIN Ã¯Â¿Â½ A faculty member from George Mason University in Virginia has been appointed as the chief appellate lawyer for the state of Texas, Attorney General Greg Abbott announced Friday.
Kagan WASHINGTON (Legal Newsline)-President Barack Obama later today is widely expected to announce his nomination of Solicitor General Elena Kagan to the U.S. Supreme Court.
Reaud The impact of asbestos litigation is etched in stone, even as the carving continues.
Chief Justice Wallace Jefferson (R) In stark contrast to the nation's swing to the left, Texas voters have elected to keep the state's Supreme Court conservative, voting back in three incumbent Republicans.
Chief Justice Wallace Jefferson With 65 percent of statewide votes counted, Texas voters have reelected three incumbent Republicans to seats on the state Supreme Court over Democratic challengers.
End Software Patents Executive Director Ben Klemens A non-profit advocacy group wants to see patents on software -- and the infringement lawsuits that often follow -- eliminated, claiming the current patent system hurts business and stifles innovation.