Supreme Court Orders Standard Oil Breakup.
Published In: ABA Journal, 2026, v. 112, n. 2. P. 72 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: PUSEY, ALLEN 3 of 3
Abstract
The article focuses on the rise and eventual dissolution of Standard Oil, founded by John D. Rockefeller, which came to dominate the U.S. petroleum industry in the late 19th and early 20th centuries. Starting from Rockefeller’s early ventures in oil refining and strategic business practices, Standard Oil grew to control about 90% of the nation's oil production, refining, and distribution by 1879. The company used tactics such as secret partnerships, railroad rebates, and acquisitions to maintain its monopoly, prompting legal challenges under the Sherman Antitrust Act. In 1911, the U.S. Supreme Court upheld a lower court’s order to dissolve Standard Oil into 37 separate companies due to unreasonable restraint of trade. [Extracted from the article]
Additional Information
- Source:ABA Journal. 2026/04, Vol. 112, Issue 2, p72
- Document Type:Article
- Subject Area:History
- Publication Date:2026
- ISSN:0747-0088
- Accession Number:192499060
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