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by balance_factor
3194 days ago
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> Standard Oil came about through mergers. This is the one where antitrust fits -- you break them up, problem solved. Problem solved if they're actually broken up. Exxon (Standard Oil of New Jersey) and Mobil (Standard Oil of New York) merged in 1999. Chevron (Standard Oil of California) did not merge into this behemoth, it's been busy over the past 20 years sucking in companies like Unocal and Texaco, in addition to the other oil companies it sucked up over the past century. |
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