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Standard Oil And Rockefeller's Oil Company

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B. Some of the most important stakeholders of Standard Oil or Rockefeller's oil company were Government and the authorities, economic stockholders, workers, and employees, customers, Competitors, and suppliers.
Government: John Rockefeller monopolized the oil industry by receiving rebate from railroad companies, and forced the other rival oil companies to sell their companies or go bankrupt. The government was concerned about the monopoly in the market. the monopoly endangered the healthy competition between companies; so in 1911, the U.S. supreme court ruled that Standard Oil company violated the countries Anti- trusted laws. Standard Oil dissolved and its holdings were divided into 39 companies.
As it was mentioned in
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