Standard Oil Co. of New Jersey v. United States (1911)

{
  "id": "MLC-T-LAW-004664",
  "term": "Standard Oil Co. of New Jersey v. United States (1911)",
  "field": "Law",
  "definition": "A landmark U.S. Supreme Court case that found Standard Oil Company of New Jersey in violation of the Sherman Antitrust Act and ordered its dissolution into several independent companies. The Court introduced the 'rule of reason' standard for evaluating antitrust cases, holding that only unreasonable restraints of trade are illegal. This decision significantly shaped the interpretation and enforcement of antitrust law.",
  "url": "https://mlchart.com/terminology/law/standard-oil-co-of-new-jersey-v-united-states-1911/"
}