Landmark Antitrust Case Study Assignment
Monopoly 221 U.S. 1, Standard Oil of New Jersey v. U.S. (1911)
1. Write a 100- word abstract of the case, including the date of the case.
The Standard Oil of New Jersey v. U.S. was a case that took place in 1911 and gave the Supreme Court gave its verdict on May 15, 1911. In this case, the Supreme Court of the United States found Standard Oil of New Jersey as being guilty of engaging in monopolistic and anticompetitive actions. These actions of the Standard Oil were as an attempt to monopolize the petroleum Continue reading...