Antitrust

The Antitrust Case Against Standard Oil Is Finally Over

It's been a long time coming.

Public domain image via wikimedia

As part of an antitrust modernization effort, today, in a federal court in Saint Louis, the Justice Department asked the court to terminate the decree which broke up Standard Oil. What year was the decree entered into/Standard Oil broken up?

Hint: Standard Oil initially broke into seven sister companies, including predecessors of ExxonMobil and Chevron.

See the answer on the next page.

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