1911 — In Standard Oil Co. of New Jersey v. United States, the United States Supreme Court declares Standard Oil to be an "unreasonable" monopoly under the Sherman Antitrust Act and orders the company to be broken up.
On This Day - May 15
1911 — In Standard Oil Co. of New Jersey v. United States, the United States Supreme Court declares Standard Oil to be an "unreasonable" monopoly under the Sherman Antitrust Act and orders the company to be broken up.