In the late 1800s, Standard Oil often lowered its prices in a competitive market. Why did this anger many Americans? Standard Oil was following the requirements of the Sherman Act. Many of the company’s

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asked Jul 15, 2022 158k views

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In the late 1800s, Standard Oil often lowered its prices in a competitive market. Why did this anger many Americans? Standard Oil was following the requirements of the Sherman Act. Many of the company’s stockholders were government officials. Standard Oil was driving other companies out of business. These actions caused prices to skyrocket in other areas of the country.