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murzikaleks [220]
3 years ago
8

How did state standard oil find a way around laws against monopolies in 1882

History
2 answers:
Aliun [14]3 years ago
7 0
The state has stockholders give their stocks to a 'group' of normal or standard trustees.
suter [353]3 years ago
3 0

Answer:

Standard and Oil, an American company and corporate trust, from 1870 to 1911  was an industrial empire of John Rockefeller and associates, controlling almost all oil production in the United States.

Many critics stated trhat the company concentrated too much economic power. In 1906 the US government brought suit against Standard Oil Company, under The Sherman Antitrust Act of 1890. The company was ordered to divest itself major holdings 33 companies in all.

Explanation:

Standard and Oil under tghe direction of John Rockefeller was the biggest industrial empere, but it grew up too big so the US government had to apply The Sherman Antitrust Act of 1890.

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