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may 21, 1911 - Supreme Court orders dissolution of Standard Oil (May 1911)

Description:

Deemed to be combination in restraint of trade in violation of Sherman Anti-Trust Act (1890); Court handed down “rule of reason” - only combinations that “unreasonably” restricted trade were evil → undermined gov’t anti-trust net

Added to timeline:

25 Nov 2018
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Date:

may 21, 1911
Now
~ 114 years ago