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Standard Oil Co. of New Jersey v. United States

United States Supreme Court
221 U.S. 1 (1911)


Facts

The United States (plaintiff) charged John and William Rockefeller, five other individuals, Standard Oil Company of New Jersey, and 33 other corporations (collectively, Standard Oil) (defendants) with violating the Sherman Antitrust Act (the Sherman Act). The companies formed an oil trust that controlled most of the country’s oil industry by setting low prices in areas with competitors to drive those competitors out, and high prices in areas without competitors. The trial court found the trust violated the Sherman Act. Standard Oil appealed.

Rule of Law

Issue

Holding and Reasoning (White, C.J.)

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