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In 1911 the U.S. Supreme Court ordered that Standard Oil be dissolved. The trust was divided into 33 independent companies.
The Standard Oil Company was established in 1870 and was the world's largest oil refinery. In 1911 the Supreme Court ruled that Standard Oil was an illegal monopoly at which time it was dissolved into 33 smaller companies making John Rockefeller the richest man in the world.
it knocked a lot of small companies out of buisness.
Laws to restrict monoplies and monopolistic practices (such as agreements between companies to set prices jointly). Enforced famously against standard oil, spliting it into many companies. Recently enforced against microsoft, fining them a small percentage of their daily profits.
There are a few international companies were founded before 1900. The Dutch East India Company , New York Gas Company, and Standard Oil Company are just a few of them.
34? Anyone else?
Type your answer here... Ida Tarbell was one of the leading muckrakers of all time. She revealed J. D. Rockefeller's plan to monopolize Standard Oil.
Standard oil companies
Standard Oil
standard oil company of Ohio.
Standard oil company
Standard Oil Company
In 1911 the U.S. Supreme Court ordered that Standard Oil be dissolved. The trust was divided into 33 independent companies.
Standard Oil Company
Standard Oil
Study Island: A Trust
Standard Oil Company was ordered dissolved and broken up into 34 separate companies by the U.S. Supreme Court in 1911. Two of those companies eventually became Exxon and Mobil, Standard Oil Company of New Jersey and Standard Oil Company of New York. More information: http://en.wikipedia.org/wiki/Standard_Oil