Standard Oil of Massachusetts

GPTKB entity

Properties (61)
Predicate Object
gptkbp:instanceOf gptkb:Company
gptkbp:acquisition 1890s
Various smaller oil companies
Various mergers with smaller companies
gptkbp:advertising gptkb:John_D._Rockefeller
Control of supply chain
gptkbp:affiliatedWith gptkb:Standard_Oil_of_California
gptkbp:businessModel Aggressive pricing strategies
Vertical integration
gptkbp:competitors Competed with other oil companies
gptkbp:controversy Monopolistic_practices
gptkbp:cultural_impact Influenced_American_business_practices
gptkbp:culturalHeritage Complex and hierarchical
gptkbp:dissolved 1911
Antitrust laws
May 15, 1911
Restructured oil industry
gptkbp:employees 100,000 (1911)
gptkbp:environmental_impact Oil spills and pollution
Influenced oil prices globally
Led to stricter regulations on corporations
Significant_influence_on_U.S._economy
gptkbp:famous_for Being the first billion-dollar company
gptkbp:fate Split into 34 companies
gptkbp:financials Refining, distribution, and marketing of oil
gptkbp:founded 1870
gptkbp:founder gptkb:John_D._Rockefeller
gptkbp:hasFunding Not applicable
gptkbp:headquarters gptkb:Boston
gptkb:Boston,_Massachusetts
gptkb:United_States
gptkbp:historical_figure John_D._Rockefeller,_Henry_Flagler
gptkbp:historical_significance Pioneered the oil industry
gptkbp:historicalContext Gilded Age America
https://www.w3.org/2000/01/rdf-schema#label Standard Oil of Massachusetts
gptkbp:impact Changed the landscape of the oil industry
Antitrust_laws_in_the_U.S.
gptkbp:industry Oil
gptkbp:influence Modern corporate structure
gptkbp:innovation Developed new refining techniques
gptkbp:keyPeople gptkb:Henry_Flagler
gptkbp:legacy Foundation of major oil companies
Chevron,_Mobil,_Amoco
gptkbp:legal_principle Antitrust litigation
gptkbp:legal_representation Monopoly
gptkbp:market 90% of U.S. oil refining
Dominant player in oil industry
gptkbp:notable_event gptkb:Antitrust_case_against_Standard_Oil
Pioneered the oil refining process.
The breakup of Standard Oil
gptkbp:parent_company gptkb:Standard_Oil_Company
gptkbp:philanthropy Various charitable contributions
gptkbp:products Petroleum
gptkbp:provides Faced numerous legal challenges
gptkbp:public_perception Controversial monopoly
gptkbp:reach International operations
gptkbp:revenue $1 billion (1911)
Monopoly capitalism
gptkbp:stockExchange Not applicable
gptkbp:subsidiary gptkb:Standard_Oil_of_New_Jersey
gptkbp:successor gptkb:ExxonMobil