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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.

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What was the importance of the standard oil company?

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.


What was the cusip number for Standard Oil?

Standard Oil was dissolved in 1911 as a result of antitrust litigation, and as such, it does not have a CUSIP number. CUSIP numbers are used to identify securities in the United States, and they were established much later. However, successor companies that emerged from the breakup of Standard Oil may have their own CUSIP numbers.


What was the stock price of standard oil company in october 1957?

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


What can be dissolved in coconut oil?

All soluble substances can be dissolved in coconut oil.


What company did muckrakers Ida Tarbell write about?

standard oil


What cannot be dissolved in water?

oil


Who was the founder of th standard oil compay?

The founder of the Standard Oil Company was John D. Rockefeller. Established in 1870, the company played a significant role in the development of the American petroleum industry and became a powerful monopoly. Rockefeller's business practices and strategies, including horizontal integration, set the foundation for modern corporate structures. Standard Oil was eventually dissolved in 1911 due to antitrust regulations.


What led to the breakup of the standard oil trust?

The breakup of the Standard Oil Trust in 1911 was primarily due to antitrust litigation initiated by the U.S. government, which argued that Standard Oil's monopolistic practices violated the Sherman Antitrust Act. The company controlled a significant portion of the American oil industry, stifling competition and manipulating prices. The Supreme Court ruled that Standard Oil must be dissolved into several smaller companies, significantly altering the landscape of the oil industry and promoting greater competition. This landmark decision marked a pivotal moment in antitrust enforcement in the United States.


What is a substance dissolved in solvent?

Grease or oil


What is a substance that dissolved in a solvent?

Grease or oil


When was Standard Oil created?

Standard Oil was created in 1870.


What is Standard Oil's population?

Standard Oil's population is 60,000.