Standard Oil Declared Unreasonable Monopoly, Ordered Broken Up 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. Date: May 15, 1911 Read more on Wikipedia β π Other events on May 15 π Events on this…