The U.S. Supreme Court case Buckeye Coal & Railway Company et al. v. Hocking Valley Railway Company et al., 1925, revolved around a dispute over the right to use railway tracks for coal transportation in Ohio. The plaintiffs, Buckeye Coal and other associated companies, had been granted usage rights by the defendant, Hocking Valley Railway Co., but later claimed that these rights were being unfairly restricted due to alleged discriminatory practices by the railway company which favored its own coal operations. The court ruled in favor of the defendants on grounds that there was no violation of federal law as accused by plaintiffs because they failed to prove any unreasonable or unjust discrimination against them under Interstate Commerce Act provisions.

In the dissenting opinion for Buckeye Coal & Railway Company v. Hocking Valley Railway Company, Justice Stone argued that the majority's decision to allow a railroad company to acquire and control coal mines was inconsistent with previous court rulings and federal law. He contended that such an acquisition would give railroads undue influence over coal production, which could lead to monopolistic practices detrimental to public interest. Furthermore, he disagreed with the majority's interpretation of 'public convenience and necessity,' arguing it should not be used as justification for potentially anti-competitive behavior by corporations. In his view, this case represented a dangerous precedent where large corporations could exploit legal loopholes for their own benefit at the expense of smaller competitors and consumers.