How many smaller companies was Standard Oil broken up into after its dissolution?
10
25
43
50
Answer
After the U.S. Supreme Court ruled Standard Oil an illegal monopoly, the company was broken up into 43 smaller companies. Many of these companies still exist today and are major players in the oil industry, such as ExxonMobil, Chevron, and Marathon Oil.
Fueling the Past: Unveiling the Secrets of Standard Oil (1870-1911)