What was the primary accusation against Standard Oil by "trust-busting" critics?
Environmental pollution
Tax evasion
Aggressive pricing to destroy competitors
Bribery of government officials
Answer
"Trust-busting" critics accused Standard Oil of using aggressive pricing tactics to destroy competitors and form a monopoly that threatened other businesses. This ultimately led to the U.S. Supreme Court ruling the company an illegal monopoly and ordering its dissolution in 1911.
Fueling the Past: Unveiling the Secrets of Standard Oil (1870-1911)