Gibbons v. Ogden
The case of Gibbons v. Ogden in 1824 was a landmark decision by the Supreme Court of the United States. It involved a dispute between Thomas Gibbons, who operated steamboats under a federal license, and Aaron Ogden, who held a state-granted monopoly for steamboat operations in New York. The case centered on whether federal or state law had authority over interstate commerce.
The Supreme Court ruled in favor of Gibbons, stating that the federal government had the exclusive power to regulate interstate commerce under the Commerce Clause of the Constitution. This decision reinforced the supremacy of federal law over state law in matters of interstate trade, shaping the future of economic regulation in the United States.