Asked by
elisa thornhill
on Oct 12, 2024Verified
The Standard Oil trust
A) behaved "badly" according to the Supreme Court.
B) was broken up in 1890.
C) was forced by the Supreme Court to give payments on every shipment of oil it refined to its rivals.
D) was a multinational corporation.
Standard Oil Trust
An American oil-producing, transporting, refining, and marketing company established by John D. Rockefeller and partners in the late 19th century, noted for its historical monopoly and eventual breakup.
Supreme Court
The highest judicial court in a country or state, which typically has the ultimate authority over all other courts.
Multinational Corporation
A corporation doing business in more than one country; often it owns production facilities in at least one country and sells in many countries.
- Learn about the historical and legal foundations that underlie antitrust laws in the United States.
- Identify critical cases of antitrust law and their ramifications for company practices.
Verified Answer
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Learning Objectives
- Learn about the historical and legal foundations that underlie antitrust laws in the United States.
- Identify critical cases of antitrust law and their ramifications for company practices.