In the case of Federal Trade Commission v. Raymond Bros.-Clark Company, the Supreme Court in 1923 ruled on whether or not a company could be held accountable for unfair methods of competition under Section 5 of the Federal Trade Commission Act. The Raymond Bros-Clark Company was accused by the FTC of using deceptive practices to gain an advantage over its competitors in selling grain and feed products. The court found that while some actions taken by Raymond Bros-Clark were questionable, they did not constitute an unfair method of competition as defined by law at that time. Therefore, it reversed a cease-and-desist order issued against them by FTC and concluded that such orders should only be used when there is clear evidence showing violation of specific laws rather than just unethical business practices.

In the dissenting opinion for the Federal Trade Commission v. Raymond Bros.-Clark Company case, it was argued that the majority's decision to uphold a cease and desist order by FTC against Raymond Bros-Clark Co., based on alleged unfair methods of competition, was incorrect. The dissenting justices believed that there wasn't sufficient evidence presented to prove that the company had engaged in any form of deceptive or unfair practices as defined under Section 5 of the Federal Trade Commission Act. They also disagreed with how broadly "unfair methods" were interpreted by FTC and upheld by majority ruling, arguing this could lead to arbitrary enforcement and potential abuse of power. Furthermore, they contended that such interpretation would allow FTC to regulate business conduct beyond its statutory authority granted by Congress.