Throwback Thursday: Remembering Standard Oil When We Look Forward to Amazon

#TBT: Today’s Throwback Thursday looks back to why Standard Oil was divided into 34 companies by the Supreme Court in 1911 and then forward to Amazon.

One Reason That the Common App and Standard Oil Are Similar

Who would have expected the Sherman Antitrust Act to relate to college applications? In 1890, the Sherman Antitrust Act was passed because large firms were acting “in restraint of trade.” Supporting Adam Smith, the goal was to control business size so that the market…