Court Case1911
Supreme Court Orders Dissolution of Standard Oil
The Supreme Court ordered the dissolution of Standard Oil Company under the Sherman Antitrust Act, finding that its monopolistic practices restrained trade. The decision established the "rule of reason" test for evaluating antitrust cases.
Why It Matters
This landmark antitrust ruling affirmed that the federal government could regulate corporate power to protect economic competition and consumer welfare, shaping the relationship between government and business.