United States v. Standard Oil (Great American Court Cases)
Legal Citation: 221 U.S. 1 (1911)
U.S. Justice Department
Standard Oil of New Jersey
That Standard Oil was a monopoly and engaged in a conspiracy of restraint of trade.
Chief Lawyer for Plaintiff
Frank B. Kellogg
Chief Defense Lawyer
John G. Milburn
Justices for the Court
William Rufus Day, John Marshall Harlan I, Oliver Wendell Holmes, Charles Evans Hughes, Joseph Rucker Lamar, Horace Harmon Lurton, Joseph McKenna, Willis Van Devanter, Edward Douglass White
Date of Decision
15 May 1911
Sustained the circuit court dissolution order.
Although the Court sustained the order to dissolve Standard Oil by introducing the "rule of reason," the Court opened the door to future collaboration in restraint of trade among the component companies.
A Challenge to Monopolies
Since the passage of the Sherman Anti-Trust Act in...
(The entire section is 917 words.)
Want to Read More?
Subscribe now to read the rest of this article. Plus get complete access to 30,000+ study guides!