Search Supreme Court Cases
FMC V. SEATRAIN LINES, INC., 411 U. S. 726 (1973)
U.S. Supreme Court
FMC v. Seatrain Lines, Inc., 411 U.S. 726 (1973)
Federal Maritime Commission v. Seatrain Lines, Inc.
Argued March 21, 1973
Decided May 14, 1973
411 U.S. 726
In enacting § 15 of the Shipping Act, 1916, Congress conferred on the Federal Maritime Commission (FMC) the power to exempt from the antitrust laws agreements, or those portions of agreements, between carriers that create an ongoing arrangement in which both parties undertake continuing responsibilities, and which therefore necessitate continuous FMC supervision, but not one-time acquisition of assets agreements that result in one of the contracting parties ceasing to exist. Pp. 411 U. S. 731-746.
148 U.S.App.D.C. 424, 460 F.2d 932, affirmed.
MARSHALL, J., delivered the opinion for a unanimous Court.
Official Supreme Court caselaw is only found in the print version of the United States Reports. Justia caselaw is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.