Antitrust-Evasion

Standard Oil-IG Farben Cartel Exposed, Senator Truman Calls It Treason

| Importance: 9/10

Senate hearings expose Standard Oil of New Jersey’s secret cartel agreements with IG Farben, the German chemical conglomerate that produces Zyklon B for Nazi concentration camps and uses slave labor from Auschwitz. Senator Harry Truman’s investigative committee reveals that Standard Oil …

Standard Oil of New Jersey IG Farben Harry Truman Thurman Arnold Walter Teagle +1 more corporate-treason war-profiteering cartel regulatory-capture antitrust-evasion +1 more
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Holding Company Proliferation Enables Corporate Consolidation and Regulatory Evasion

| Importance: 7/10

The holding company structure proliferates across American industry during the 1920s, enabling unprecedented corporate consolidation while evading antitrust enforcement and state regulation. Delaware’s permissive incorporation laws, offering minimal oversight and maximum management discretion, …

Samuel Insull J.P. Morgan Van Sweringen Brothers Delaware Corporation Commission corporate-consolidation regulatory-capture financial-manipulation antitrust-evasion holding-companies
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DuPont-GM Consolidation Creates Model of Interlocking Corporate Control

| Importance: 7/10

Pierre du Pont assumes the presidency of General Motors in December 1920 and installs Alfred P. Sloan as operating head, consolidating DuPont family control over the nation’s largest automaker after DuPont Company acquires 23% of GM stock. The arrangement creates a paradigmatic example of …

Pierre du Pont Alfred P. Sloan John J. Raskob DuPont Company General Motors corporate-consolidation institutional-capture antitrust-evasion corporate-governance
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