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Feb 15, 2019 · Antitrust 1: Standard Oil. For this first episode in the series, we're starting at the very beginning, in the nineteenth century, with the story of John D. Rockefeller and Standard Oil. We go to ...
May 29, 2018 · By 1899 Standard Oil controlled 90 to 95 percent of the oil refined in the United States. Federal Legislation. The 1890 Sherman Anti-Trust Act was aimed directly at the structure that Standard Oil had set up, and in its wake the company faced a major legal assault. Within two years the Ohio Supreme Court ordered the trust to divest itself of ...
Dec 28, 2023 · Previous Standard Oil employee admits to spying on the company’s behalf. October 31, 1907: Kansas Supreme Court receives inconsistent answers on Standard Oil's trusts. January 31, 1908: President Roosevelt publicly states an attack on Standard Oil and law-defying rich citizens. May 18, 1911: US Supreme Court dissolves Standard Oil trusts ...
Standard Oil. Ida Tarbell (born November 5, 1857, Erie county, Pennsylvania, U.S.—died January 6, 1944, Bridgeport, Connecticut) was an American journalist, lecturer, and chronicler of American industry best known for her classic The History of the Standard Oil Company (1904). She was among a group of so-called muckrakers who helped establish ...
Purchased by Standard Oil in 1889, the company was originally founded in 1887 by a conglomeration of smaller Ohio oil producers. After the breakup, the company grew by purchasing the Transcontinental Oil Company in 1930. Not long after, the company created the brand name Marathon, renaming itself to Marathon Oil in 1962.
May 15, 2012 · See all Historic Headlines ». On May 15, 1911, the Supreme Court ordered the dissolution of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. The Ohio businessman John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business partners. Mr.
5 days ago · John D. Rockefeller (born July 8, 1839, Richford, New York, U.S.—died May 23, 1937, Ormond Beach, Florida) was an American industrialist and philanthropist, founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. He is the major historical figure behind the famed Rockefeller family ...
