The suit was a landmark assertion of federal antitrust enforcement against major trusts and set the legal course that culminated in the 1911 Supreme Court decision to break up Standard Oil.
On January 15, 1906 the Roosevelt administration, through the Department of Justice, filed a civil suit under the Sherman Antitrust Act against the Standard Oil Company seeking to dissolve its monopolistic combinations.
The suit was a landmark assertion of federal antitrust enforcement against major trusts and set the legal course that culminated in the 1911 Supreme Court decision to break up Standard Oil.
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The European Parliament approved a trade deal aimed at reducing tariffs between the U.S. and Europe.
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