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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
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.
Eliminating 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.
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.
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
Standard Oil Trust
Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?
First Trust Company Building was created in 1904.
rockefeller's standard oil trust
John D. Rockefeller
It was a trust created by Rockefeller by buying other companies and giving them small profits.
John D. Rockefeller
President William Howard Taft used the Anti Trust Laws first to split the American Tobacco Company.
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.
Microsoft.
Central Trust Company was created in 1899.