Standard Oil Co. of New Jersey v. United States

U.S. Case Law

Legal Definition of Standard Oil Co. of New Jersey v. United States

221 U.S. 1 (1911), dissolved 34 companies controlled by John D. Rockefeller's Standard Oil Trust as constituting a monopoly in violation of the Sherman Antitrust Act. While in one sense the case was the high point of the “trust-busting” efforts of two presidents (see also Northern Securities Co. v. United States), in another sense it marked a turn toward a more conservative interpretation of the Sherman Act. Chief Justice Edward Douglass White promulgated the idea that a restraint of trade by a monopolistic business must be “unreasonable” to be illegal under the Sherman Act. White's failure, however, to define a “reasonable” restraint, coupled with the imprecise brevity of the Sherman Act, made subsequent antitrust decisions exceedingly difficult to predict.

Learn More about Standard Oil Co. of New Jersey v. United States

Cite this Entry

“Standard Oil Co. of New Jersey v. United States.” The Merriam-Webster.com Legal Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/legal/Standard%20Oil%20Co.%20of%20New%20Jersey%20v.%20United%20States. Accessed 14 December 2019.

Comments on Standard Oil Co. of New Jersey v. United States

What made you want to look up Standard Oil Co. of New Jersey v. United States? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

to assail by words or arguments

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble tiles that read scrabble quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Add Diction

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!