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In November 1906, the Justice Department sued Standard Oil of New Jersey for violating the Sherman Act. The action was brought under the Expediting Act in the United States circuit court for the Eastern District of Missouri. After a 15-month-long trial, the court issued its decree of dissolution in November 1909 and its opinion in December 1909.
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
After the dissolution, Jersey Standard became the United States' second largest corporation after United States Steel. [10] The Standard Oil Company (New Jersey), which was renamed Exxon in 1973 and ExxonMobil in 1999, remains the largest public oil company in the world. Many of the companies disassociated from Jersey Standard in 1911 remained ...
[citation needed] Bedminster, New Jersey, is home to the AT&T Global Network Operations Center and is the headquarters of AT&T Corp., the long-distance subsidiary of AT&T Inc. The new AT&T Inc. lacks the vertical integration that characterized the historic AT&T Corporation and led to the Department of Justice antitrust suit. [23]
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A-P-A Transport Corp. A.C. Moore; A&P; Absolute Entertainment; Aeromarine; American Family Publishers; American Standard Companies; Applied Data Research; Applied Logic Corporation; Aptalis; Argonne (automobile) Atlantic Aircraft