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Q: John D Rockefeller's Standard Oil Company was the first trust?
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Which action taken by Ida Tarbell eventually brought about the government-imposed breakup of the Standard Oil Company in the early twentieth century?

To break up the Standard Oil Company of New Jersey under the 1911 Sherman Anti-Trust Act. resource : http://womenshistory.about.com/od/tarbellida/p/ida_tarbell.htm


What laws were passed because of Ida Tarbell?

The Sherman Anti-Trust actBecause it was designed to prevent the formation and operation of monopolies, the ShermanAnti-Trust Act of 1890 is the legislation that was most closely related to the work of Ida Tarbell. The History of the Standard Oil Company was credited with contributing to the breakup of Standard Oil, which came about when the Supreme Court of the United States found the company to be violating the Sherman Antitrust Act.


Who did trust like standard oil became mostly large with?

Eliminating competition


Monopolies and the reduction of competition?

Teddy Roosevelt Progressives President Taft Trust-Busting Shermans Anti-Trust act- 1890/filled with loopholes Woodrow Wilson Clayton Anti Trust act- Strong act If a company is in unreasonable restriction of trade it is considered to be in violation of the Anti Trust Laws. Standard oil is a good example, it was split into at least 10 companies, such as Shell and many other gas companies you see today.


In what ways does the government regulate monopolies?

Anti-trust laws creating first in the early 1930's, I think, and then sometimes they will split the company in several different corporations itself to create an oligopoly.

Related questions

Which action taken by Ida Tarbell eventually brought about the government-imposed breakup of the Standard Oil Company in the early twentieth century?

To break up the Standard Oil Company of New Jersey under the 1911 Sherman Anti-Trust Act. resource : http://womenshistory.about.com/od/tarbellida/p/ida_tarbell.htm


What was the first modern trust?

Standard Oil Trust


Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?

Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?


When was First Trust Company Building created?

First Trust Company Building was created in 1904.


What was the first trust created in the United States?

rockefeller's standard oil trust


Who was a US industrialist and founder of the Standard Oil Company which dominated the oil industry and was the first great US business trust?

John D. Rockefeller


What was the standard oil company?

It was a trust created by Rockefeller by buying other companies and giving them small profits.


Who was known for creating trust and was criticized as a robber baron while serving as head of the standard oil company?

John D. Rockefeller


First president to use anti trust laws?

President William Howard Taft used the Anti Trust Laws first to split the American Tobacco Company.


John D. Rockefeller?

Was an American industrialist and philanthropist. He was the founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. He revolutionized the petroleum industry and defined the structure of modern philanthropy.


Which of these companies has NOT been forced to split up by the federal government Microsoft AT and T American Tobacco Company Standard Oil Trust?

Microsoft.


When was Central Trust Company created?

Central Trust Company was created in 1899.