In United States v. United Shoe Machinery Corp., United Shoe Machinery (USM) was found guilty of illegal monopolization due to its leasing practices. Existing scholarship on this case largely focuses on the issue of leasing versus selling. In this article, we provide a more comprehensive analysis of this important decision. In addition, we examine USM’s antitrust experience before and after the famous 1953 case. We find that USM’s business practices were largely procompetitive and, therefore, did not warrant condemnation.
Blair, R.D. and Boylston Herndon, J. (2004), "UNITED SHOE MACHINERY REVISITED", Kirkwood, J.B. (Ed.) Antitrust Law and Economics (Research in Law and Economics, Vol. 21), Emerald Group Publishing Limited, Bingley, pp. 345-408. https://doi.org/10.1016/S0193-5895(04)21006-5
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