Standard Oil Co. of New Jersey v. United States
1911 U.S. Supreme Court case / From Wikipedia, the free encyclopedia
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Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1910), was a case in which the Supreme Court of the United States found Standard Oil Co. of New Jersey guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions.[1] The Court's remedy was to divide Standard Oil into several geographically separate and eventually competing firms.
Quick Facts Standard Oil Co. of New Jersey v. United States, Argued March 14–16, 1910Reargued January 12–17, 1911 Decided May 15, 1911 ...
Standard Oil Co. of New Jersey v. United States | |
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Argued March 14–16, 1910 Reargued January 12–17, 1911 Decided May 15, 1911 | |
Full case name | The Standard Oil Company of New Jersey, et al. v. The United States |
Citations | 221 U.S. 1 (more) 31 S. Ct. 502; 55 L. Ed. 619; 1911 U.S. LEXIS 1725 |
Case history | |
Prior | United States v. Standard Oil Co. of New Jersey, 173 F. 177 (C.C.E.D. Mo. 1909) |
Holding | |
The Standard Oil Company conspired to restrain the trade and commerce in petroleum, and to monopolize the commerce in petroleum, in violation of the Sherman Act, and was split into many smaller companies. Several individuals, including John D. Rockefeller, were fined. | |
Court membership | |
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Case opinions | |
Majority | White, joined by McKenna, Holmes, Day, Lurton, Hughes, Van Devanter, Lamar |
Concur/dissent | Harlan |
Laws applied | |
Sherman Antitrust Act |
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