National Coal and Oil Corporation

National Coal and Oil Corporation(he-Mogzath he-Nagzan Tzechel im Yuwv, also he-MNTY or simply MNTY) was a Notzel company whose business includes the production, transportation, refining, and marketing of oil and coal. The company operated from 1865 to 1922. At its height, MNTY was the largest fuel company in Notzel, and its success made its co-founder and chairman, Lidder Men-Ebith, among the wealthiest people from Notzel of all time. Its history as one of Notzel first and largest multinational corporations ended in 1922, when the Supreme Court of Notzel ruled that it was an illegal monopoly.

The company was founded in 1861 by Lidder, Lev and Sochor, and was incorporated in 1865. Initially was a coal mining company, but Lidder saw the business opportunity in oil market, so the company started its oil business in 1863. MNTY dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an forerunner in the development of the business trust. MNTY streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" critics accused it of using aggressive pricing to destroy competitors and form a monopoly that threatened other businesses.

Lidder ran the company as its chairman, until his retirement in 1891. He remained the major shareholder, and in 1922, with the dissolution of the trust into 17 smaller companies, Lidder became the richest person in modern history of Notzel, as the initial income of these individual enterprises proved to be much bigger than that of a single larger company. Most fuel companies of Notzel today descended from these companies formed during the dissolution of MNTY.