Enforcement-Limitations

DuPont Powder Trust Ordered Dissolved, But Family Control and Geographic Proximity Limit Effectiveness

1912-06-13 00:00:00 +0000 UTC | Importance: 7/10

Following a 1911 Sherman Antitrust Act lawsuit, the U.S. District Court for Delaware ordered the DuPont Powder Company dissolved and divided into three independent entities: the reconstituted DuPont, Hercules Powder Company, and Atlas Powder Company. DuPont had controlled approximately two-thirds of …

U.S. District Court for Delaware E.I. du Pont de Nemours & Company DuPont family Hercules Powder Company Atlas Powder Company antitrust corporate-power enforcement-limitations dupont powder-trust

Standard Oil Breakup's Paradox - Rockefeller's Wealth Triples as Fragmented Companies Reconsolidate

1911-05-15 00:00:00 +0000 UTC | Importance: 9/10

The Supreme Court’s order to break Standard Oil into 34 separate companies produced a profound paradox: the breakup made John D. Rockefeller vastly richer while ultimately failing to prevent reconsolidation. Shareholders in Standard Oil received proportional stakes in each successor …

John D. Rockefeller Standard Oil Company U.S. Supreme Court antitrust corporate-power wealth-concentration monopoly enforcement-limitations