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The big companies give rebates or discounts to their biggest customers causing small companies to go out of business. However, the tycoons soon realized that the competition would decrease their profits, so they came up with another idea, pooling. Several railroads companies agree to divide up the business in areas.

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sc.9102008hen

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2y ago
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10y ago

they did various things

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Q: What tactics did railroad owners use to eliminate competition?
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