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a. Black v. Woodward
b. Williams v. standard oil
c. US v. Southern Pacifiic Railroad
d. US v. E.C. Knight

2007-03-14 16:45:35 · 1 answers · asked by Ngoc T 1 in Arts & Humanities History

1 answers

b Williams v. standard oil


Eventually, the U.S. Justice Department sued Standard Oil of New Jersey under the federal anti-trust law, the Sherman Antitrust Act of 1890. In 1911, the Supreme Court upheld the lower court judgment, and forced Standard Oil to separate into 34 companies, each with its own distinct board of directors. Standard's president, John D. Rockefeller had, by then, long since retired from any management role and became simply a shareholder in each of the new companies. They formed the core of today's U.S. oil industry, including ExxonMobil (formerly Standard of New Jersey and Standard of New York), ConocoPhillips (the Conoco side, which was Standard's company in the Rocky Mountain states), Chevron (Standard of California), Amoco and Sohio (Standard of Indiana and Standard of Ohio, respectively, now BP of North America), Atlantic Richfield (the Atlantic side, now also a part of BP North America), Marathon (covering western Ohio and other parts of Ohio not covered by Sohio) and many other smaller companies.

2007-03-14 16:54:02 · answer #1 · answered by jewle8417 5 · 0 0

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