Standard Oil Co. of New Jersey v. United States (1911) is a U.S. Supreme Court case holding that Standard Oil Company, a major oil conglomerate in the early 20th century, violated the Sherman Antitrust Act through anticompetitive actions, i.e. forming a monopoly, and ordered that the company be geographically split.
Rockefeller's petroleum conglomerate Standard Oil had illegally monopolized the American petroleum industry and ordered the company to break itself up. |
In 1909, a federal court found Rockefeller's company, Standard Oil, in violation of the Sherman Antitrust Act. The court ordered the dissolution of the company. |
Summary. Standard Oil Co. of New Jersey v. United States was a Supreme Court case that tested the strength of the Sherman Antitrust Act of 1890. |
The combination of the defendants in this case is an unreasonable and undue restraint of trade in petroleum and its products moving in interstate commerce. |
The Standard Oil case was decided at a time when the Sherman Antitrust Act was being increasingly challenged by big business. |
Background. The Standard Stations case involved the distribution of petroleum products and automobile accessories. The US oil industry had relatively few ... Background · Ruling of Supreme Court · Majority opinion |
The District Court enjoined an oil company and its wholly owned subsidiary from enforcing or entering into exclusive supply contracts with independent dealers. |
The combination of the defendants in this case is an unreasonable and undue restraint of trade in petroleum and its products moving in interstate commerce, and ... |
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