he wanted to be popular
collaborating with the rail system,
he used a trust to gain control of the oil indusrty in America
He founded the Standard Oil Company.
They can gain some control over their market by secretly cooperating with one another.
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collaborating with the rail system,
He sold his oil for lower prices then the competition and drove the rival company into the ground. He then purchased these companies and expanded his business area. He continued to do this until he gained control over 90% of American oil sales
he used a trust to gain control of the oil indusrty in America
heh
He did because he joined an association, I think it was something relatively spelled like ''Innubili'' or something like that.
He wanted complete monopoly on the American oil industry.
He wanted complete monopoly on the American oil industry.
Through horizontal integration Rockefeller was able to monopolize a single market. Because of his oil trust he was easily able to eliminate competitor's. Basically since he was bigger and better his business was on top.
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I'm not sure?
1886
because it was cool