Standard Oil Co. v. United States
GPTKB entity
Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
court case
|
| gptkbp:caseOutcome |
dissolution into 34 companies
analyzed corporate monopolies divided into regional companies led to more antitrust suits |
| gptkbp:caseTypes |
No. 1
antitrust case |
| gptkbp:court |
gptkb:United_States
gptkb:Washington,_D.C. gptkb:Standard_Oil_Company unanimous ruling detailed analysis of monopoly power established legal standards for antitrust cases monopolistic practices illegal reshaped_corporate_America |
| gptkbp:date |
May 15, 1911
|
| gptkbp:decidedBy |
gptkb:Supreme_Court_of_the_United_States
|
| gptkbp:economicImpact |
increased competition
|
| gptkbp:historicalContext |
Progressive Era
|
| gptkbp:historicalEvent |
trials began in 1906
|
| gptkbp:historicalSignificance |
shaped future antitrust policy
|
| https://www.w3.org/2000/01/rdf-schema#label |
Standard Oil Co. v. United States
|
| gptkbp:impact |
business regulations
restructuring of oil industry |
| gptkbp:judges |
gptkb:Justice_William_R._Day
none affirmed lower court ruling majority opinion review of lower court's decision established antitrust principles increased scrutiny of monopolies upheld antitrust laws |
| gptkbp:legalStatus |
Sherman Antitrust Act
first major antitrust case restraint of trade dissolution into smaller companies monopoly breakup antitrust framework influenced future antitrust cases monopoly power abuse reformed corporate practices Attorney_General_George_W._Wickersham |
| gptkbp:notableEvent |
Clayton Antitrust Act
|
| gptkbp:notableFeature |
used in law schools
influenced public policy still cited in antitrust discussions examined market control pivotal in antitrust history 221_U.S._1 |
| gptkbp:outcome |
dissolution_of_Standard_Oil_Company
|
| gptkbp:precedent |
antitrust law enforcement
federal regulation of monopolies |
| gptkbp:publicAccess |
support for antitrust laws
|
| gptkbp:relatedPatent |
gptkb:United_States_v._American_Tobacco_Co.
|
| gptkbp:relatedTo |
gptkb:John_D._Rockefeller
|
| gptkbp:significance |
landmark antitrust case
|
| gptkbp:team |
symbol of antitrust enforcement
|