The 1911 U.S. Supreme Court ruling under the Sherman Antitrust Act that Standard Oil was an illegal monopoly, ordering it split into 39 independent companies, the largest being the future Exxon and Mobil. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Connections
Associated With
The 1999 merger reunited Exxon and Mobil, two of the largest successor firms the 1911 antitrust breakup created.
Source Wikipedia, ExxonMobil
Rockefeller was the founder and controlling figure of the company this ruling broke up.
Source Wikipedia, Standard Oil
The 1911 Supreme Court breakup of Standard Oil is a founding landmark of American antitrust legal practice.
Source Wikipedia, Standard Oil
Source Wikipedia, Standard Oil
The company this 1911 ruling dissolved into 39 successors.
Source Wikipedia, Standard Oil
Companies Involved
Source Wikipedia, Standard Oil
Sources
1. Wikipedia, Standard Oil
Wikipediasection on the 1911 antitrust ruling
The U.S. Supreme Court ruled Standard Oil an illegal monopoly under the Sherman Antitrust Act and ordered the company divided into 39 independent entities.
Case citation
Standard Oil Co. of New Jersey v. United States
Associated With: Standard Oil, History section
On May 15, 1911, the US Supreme Court upheld the lower court judgment and declared the Standard Oil group to be an 'unreasonable' monopoly under the Sherman Antitrust Act, Section II.
Associated With: John D. Rockefeller, History section
On May 15, 1911, the US Supreme Court upheld the lower court judgment and declared the Standard Oil group to be an 'unreasonable' monopoly under the Sherman Antitrust Act, Section II.
Associated With: Legal Services Industry, Monopoly charges and antitrust legislation section
On May 15, 1911, the US Supreme Court upheld the lower court judgment and declared the Standard Oil group to be an 'unreasonable' monopoly under the Sherman Antitrust Act, Section II.
- Companies Involved: Standard Oil
View the Source Wikipedia, ExxonMobil
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