Antitrust

The Bell System Divestiture (1982) 0 (0)

1984 in economics, Corporate History, Telecommunications companies of the United States, United States antitrust law / ,

The divestiture of the Bell System was the court-mandated breakup of the American Telephone & Telegraph Company (AT&T), which held a legal monopoly on local telephone service in most of the United States. On January 1, 1984, the “Ma Bell” monopoly was split into seven independent regional holding companies, colloquially known as “Baby Bells.” This […]

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Standard Oil 5 (73)

Business Monopolies, Defunct companies of the United States, History of the petroleum industry, Monopolies / , , , , ,

The Standard Oil Company was an American oil producing, transporting, refining, and marketing company. Established in 1870 by John D. Rockefeller and Henry Flagler, it became the largest oil refiner in the world and one of the first and largest multinational corporations in history. 🌎 At its height, Standard Oil controlled approximately 90% of the

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