Standard Oil Co. Inc. was an American oil producing, transporting, - TopicsExpress



          

Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world. Its controversial history as one of the worlds first and largest multinational corporations ended in 1911, when the United States Supreme Court ruled that Standard was an illegal monopoly. John D. Rockefeller was a founder, chairman and major shareholder. With the dissolution of the Standard Oil trust into 33 smaller companies, Rockefeller became the richest man in the world.
Posted on: Wed, 30 Oct 2013 14:48:15 +0000

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