Many Americans objected to the settlement
Bakke sued the University of California , and they were stating that the school's medical admission policy was violating The Civil Rights Act and The 14th amendments promise of the equality protection clause. The California's supreme court ruled in the favor of Bakke, by rejecting their policy. They agreed, the policy was against people of race, "No applicant may be rejected because of his race, in favor of another who is less qualified..."
In general, the effects of trusts and monopolies on American business have been positive, in that they have created an environment in which they can thrive. This means, however, that they have been mostly negative for consumers, because competition is reduced.
The oath was administered by Robert R. Livingston.
Hope this helps.