The U.S. government sued Standard Oil Company (New Jersey) in 1906 under the Sherman Antitrust Act of 1890, challenging its concentration of economic power. In 1911, the company was ordered to divest itself of its major holdings—33 companies in all. Many of those companies later merged, changed names, or became part of major energy companies including Exxon Mobil Corporation, ConocoPhillips,BP, and Chevron Corporation.
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