Brief Fact Summary. The Respondent, New York (Respondent), established a minimum retail price for milk. The Petitioner, Nebbia (Petitioner), was charged with violating this law when he sold 2 quarts of milk below the state minimum.
Synopsis of Rule of Law. A state is free to adopt any reasonable economic policy deemed necessary to promote public welfare and to adopt legislation to serve this purpose.
The Fifth Amendment, in the field of federal activity, and the Fourteenth, as respects state action, do not prohibit governmental regulation for the public welfare.View Full Point of Law