Anderson v. United States

In Anderson v. United States, 171 U.S. 604, 615, 19 S.Ct. 50, 54, 43 L.Ed. 300 (1898), the Supreme Court stated: "Where the subject-matter of the agreement does not directly relate to and act upon and embrace interstate commerce, and where the undisputed facts clearly show that the purpose of the agreement was not to regulate, obstruct, or restrain that commerce, but that it was entered into with the object of properly and fairly regulating the transaction of the business in which the parties to the agreement were engaged, such agreement will be upheld as not within the statute ".