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Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller.
Jun 13, 2024 · Standard Oil (in full, Standard Oil Company and Trust) was an American company and corporate trust that from 1870 to 1911 was the industrial empire of John D. Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States.
Apr 9, 2010 · John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest circumstances in upstate New York,...
May 29, 2018 · In the decades after the Civil War this buzzing, frenetic activity formed the backdrop for the emergence of a new way of organizing business on an unprecedented large scale: the business trust. The instrument that devised this innovation was the Standard Oil Company, led by John D. Rockefeller. Growth.
Successors of Standard Oil. Following the 1911 Supreme Court ruling that found Standard Oil was an illegal monopoly, the company was broken up into 34 different entities, divided primarily by region and activity.
Jan 14, 2020 · This work explores how seven companies came to dominate the oil industry by the 1940s, after anti-trust laws forced Standard Oil into 34 different companies. Short histories of each of Seven Sisters are located in chapters three and four.
Dec 28, 2023 · In the early 1900s, Standard Oil Co., chaired by John Rockefeller, was a powerful monopoly dissolved by SCOTUS. This guide provides access to materials related to “Standard Oil's Monopoly” in the Chronicling America digital collection of historic newspape
Feb 24, 2021 · Standard Oil was one of the most powerful businesses in the US. Deemed a monopoly, the government ordered the breakup of Standard Oil.
May 15, 2012 · 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...
