Rev Ruling 54-259

Sherman Anti-Trust Act

An applicant who has been convicted of a violation of the Sherman Anti-Trust Act, 26 Stat. 209, a misdemeanor, is not barred by Section 4(a)(2)(A) of the Federal Alcohol Administration Act which prevents the issuance of a permit to applicants convicted of a felony within 5 years or of a Federal misdemeanor relating to liquor within 3 years. Such a conviction may, of course, be considered with other pertinent material in determining whether the applicant is, by reason of his business experience, financial standing and trade connections, likely to maintain operations in conformity with Federal law under Section 4(a)(2)(B) of the Act.

27 U.S.C. 204; (27 CFR 1.24)