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1. www.britannica.com › money › Standard-OilStandard Oil | History, Monopoly, & Breakup | Britannica Money

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   Oct 10, 2024 · Standard Oil, U.S. 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. It originated in Cleveland, Ohio.

2. historyincharts.com › the-legacy-of-the-breakup-ofExamining the Breakup of Standard Oil (with Chart)

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   Feb 24, 2021 · Standard Oil Breakup. As a result of the growing discontent of the monopoly-like power, a federal lawsuit was filed against Standard Oil under the Sherman Antitrust Act in 1906. After Standard appealed the unfavorable result, the Supreme Court upheld the decision in 1911. The decision required the company to dissolve as a single entity.

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     THE RISE OF John D Rockefeller & STANDARD OIL!

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     John D. Rockefeller & Standard Oil

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     John D Rockefeller and the fall of Standard Oil

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4. marketrealist.com › p › what-happened-to-standard-oilWhy John Rockefeller’s Standard Oil Split Into 34 Companies

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   Oct 26, 2021 · Oct. 26 2021, Published 1:26 p.m. ET. Source: Unsplash. John Rockefeller, the patriarch of the wealthy Rockefeller family, teamed up with several associates to build Standard Oil. For many years ...

5. archive.nytimes.com › learningMay 15, 1911 | Supreme Court Orders Standard Oil Company to ...

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   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.

6. www.encyclopedia.com › standard-oil-companyStandard Oil Company - Encyclopedia.com

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   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 ...

7. fee.org › articles › the-rise-and-fall-of-rockefellerThe Rise and Fall of Rockefeller - Foundation for Economic ...

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   Dec 3, 2016 · The Rise and Fall of Rockefeller. The story of John D. Rockefeller and the Standard Oil trust is one of the most controversial in business history. A little over a century ago, the United States found themselves in the grip of a vicious monopoly that not only controlled the petroleum market and held its consumers hostage, but also endangered ...

8. People also ask

   Did Rockefeller own Standard Oil Company?

   • John D. Rockefeller. In 1899, however, the company renamed its New Jersey firm Standard Oil Company (New Jersey) and incorporated it as a holding company. All assets and interests formerly grouped in the trust were transferred to the New Jersey company. One of Standard Oil Company's first tank wagons. Credit: Bettmann—Bettmann/Getty Images

   Standard Oil | History, Monopoly, & Breakup | Britannica Money

   www.britannica.com/money/Standard-Oil

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   How did Rockefeller influence the oil industry?

   • In 1882, Mr. Rockefeller joined with his partners to create the Standard Oil Trust, which controlled a large number of companies that allowed Standard to control refining, distribution, marketing and other aspects of the oil industry. Standard eventually gained control of nearly 90 percent of the country’s oil production.

   May 15, 1911 | Supreme Court Orders Standard Oil to Be Broken Up

   archive.nytimes.com/learning.blogs.nytimes.com/2012/05/15/may-15-1911-supreme-court-orders-standard-oil-to-be-broken-up/

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   When did Rockefeller start his oil business?

   • Rockefeller entered the oil business in 1860s. In 1870, he formed Standard Oil together with Henry Flagler. He built Standard Oil into a sprawling empire engaged in refining, distributing, and marketing of oil products. The company produced most of the lamp kerosene sold in the U.S. and around the world.

   What Happened to John Rockefeller’s Standard Oil? - Market Realist

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   How did Rockefeller's oil empire end?

   • Rockefeller’s oil empire came to an end after the U.S. Supreme Court ruled that it was an illegal monopoly. Before the court stopped Standard Oil, it cut details for railroad transportation discounts that rivals thought weren't fair. The empire split up into 34 independent companies.

   What Happened to John Rockefeller’s Standard Oil? - Market Realist

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   Why did Rockefeller defend Standard Oil?

   • In the face of antitrust complaints, Rockefeller defended Standard Oil. He argued that the company achieved its success because it produced better products and operated more efficiently than its rivals. Saudi Arabia’s Aramco has taken the place of Standard Oil as the world’s oil industry powerhouse.

   What Happened to John Rockefeller’s Standard Oil? - Market Realist

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   Why did the Supreme Court dissolve Standard Oil Company?

   • 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.

   May 15, 1911 | Supreme Court Orders Standard Oil to Be Broken Up

   archive.nytimes.com/learning.blogs.nytimes.com/2012/05/15/may-15-1911-supreme-court-orders-standard-oil-to-be-broken-up/

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9. sylvainsaurel.substack.com › p › in-1911-the-usIn 1911, the U.S. Courts Forced the Breakup of Standard Oil ...

   sylvainsaurel.substack.com › p › in-1911-the-us

   Dec 15, 2022 · It was these few recipes that made his company the leading oil company in the United States. This strategy was launched on January 10, 1870, with the founding of Standard Oil in Cleveland. Rockefeller associated one of his friends, Harry Flager, with this venture and he played an essential role in the development of the company.