Successors of Standard Oil
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[[File:Standard Oil chart 2022. |
[[File:Standard Oil chart 2022.svg|thumb|350px|Chart detailing the history of some of the largest Standard Oil descendants; '''bold''' denotes {{linktext|extant}} corporations]] |
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Following the [[Standard Oil Co. of New Jersey v. United States|1911 Supreme Court ruling]] that found [[Standard Oil]] was an [[Competition law#United States antitrust|illegal monopoly]], the company was broken up into 39 different entities, divided primarily by region and activity. Many of these companies later became part of the [[Seven Sisters (oil companies)|Seven Sisters]], which dominated global petroleum production in the 20th century, and became a majority of today's largest investor-owned oil companies, with most tracing their roots back to Standard Oil. Some descendants of Standard Oil were also given exclusive rights to the Standard Oil name. |
Following the [[Standard Oil Co. of New Jersey v. United States|1911 Supreme Court ruling]] that found [[Standard Oil]] was an [[Competition law#United States antitrust|illegal monopoly]], the company was broken up into 39 different entities, divided primarily by region and activity. Many of these companies later became part of the [[Seven Sisters (oil companies)|Seven Sisters]], which dominated global petroleum production in the 20th century, and became a majority of today's largest investor-owned oil companies, with most tracing their roots back to Standard Oil. Some descendants of Standard Oil were also given exclusive rights to the Standard Oil name. |
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