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
|