brandri09 brandri09
  • 09-02-2020
  • History
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During whose presidency was Standard Oil ordered to break up under the Sherman Antitrust Act?

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noxacious
noxacious noxacious
  • 09-02-2020
While publicly attacking Standard Oil and other trusts, President Theodore Roosevelt did not favor breaking them up. He preferred only to stop their anti-competitive abuses. On November 18, 1906, the U.S. attorney general under Roosevelt sued Standard Oil of New Jersey and its affiliated companies making up the trust.
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