| Standard Oil Co. of New Jersey v. United States | |
|---|---|
 | |
| Argued March 14–16, 1910 Reargued January 12–17, 1911 Decided May 15, 1911 | |
| Full case name | The Standard Oil Company of New Jersey, et al. v. The United States |
| Citations | 221 U.S. 1 (more) 31 S. Ct. 502; 55 L. Ed. 619; 1911 U.S. LEXIS 1725 |
| Case history | |
| Prior | United States v. Standard Oil Co. of New Jersey, 173 F. 177 (C.C.E.D. Mo. 1909) |
| Holding | |
| The Standard Oil Company conspired to restrain the trade and commerce in petroleum, and to monopolize the commerce in petroleum, in violation of the Sherman Act, and was split into many smaller companies. Several individuals, including John D. Rockefeller, were fined. | |
| Court membership | |
| |
| Case opinions | |
| Majority | White, joined by McKenna, Holmes, Day, Lurton, Hughes, Van Devanter, Lamar |
| Concur/dissent | Harlan |
| Laws applied | |
| Sherman Antitrust Act | |
Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911), was a landmark U.S. Supreme Court decision that ruled that John D. Rockefeller's petroleum conglomerate Standard Oil had illegally monopolized the American petroleum industry and ordered the company to break itself up.[1] The decision also held, however, that U.S. antitrust law bans only "unreasonable" restraints on trade, an interpretation that came to be known as the "rule of reason".
- ^ Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911).
This article incorporates public domain material from this U.S government document.
