Mr. Herbert L. Pratt has been chosen to be the head of the Standard Oil Company of New York, to replace Mr. Henry C. Folger, who resigned shortly after the Board of Directors failed to secure the ...

Antitrust lawsuits have shaken up the American economic landscape for over a century. Whether they're going after tech monopolies or breaking up telecom conglomerates, antitrust laws have been a ...

In 1888, the year of the Big Blizzard, German Immigrant Louis Blaustein landed in New York with 50¢ in his pocket, lent it to a needy cousin, headed for Baltimore. From a one-horse wagon he peddled ...

To mark our 40th anniversary, Crain’s Cleveland Business will take a look back every week in 2020 at the people, events and institutions that helped shape Cleveland and the region since 1980, and why ...

Standard Oil was apparently something you were supposed to remember from high school. That's because until Tuesday, the company was still the subject of a Justice Department decree forcing it to split ...

While large tech companies are currently feeling the heat from regulators and Congress, over a century ago, the trustbusters had their sights on Big Oil. Around the turn of the twentieth century, Big ...

Perhaps the most concrete example most Americans refer to when they think of business monopoly is the classic case of Standard Oil, the American oil company established by John D. Rockefeller in 1870.