Andrew Carnegie. John D. Rockefeller had created a monopoly with his oil business, too.
John D. Rockefeller
Standard Oil Company
The oil industry
it helped them develop the oil industry
Interstate commerce act
Sherman Antitrust Act
The attempt to restrict a monopoly in the oil industry in the U.S. culminated in the landmark antitrust case against Standard Oil Company in the early 20th century. In 1911, the Supreme Court ruled that Standard Oil had engaged in anti-competitive practices and ordered its breakup into 34 independent companies. This decision was a significant step in enforcing antitrust laws aimed at promoting fair competition and preventing monopolistic control in various industries, including oil. The case set a precedent for future antitrust actions in the United States.
Oil industry. Founder of Standard oil.
He made the railroad fast and efficiant.
John D. Rockefeller
He established a monopoly of the oil industry
carnige
It's mostly the government and groups who restrict where you can drill for oil and restrict how many roads can be built and where the roads can be built.
Nothing. He owned a monopoly in the oil industry!
I do, I just bought it, plus Times Square! :D
Rockefeller dominated the oil industry at his time. He bought as much oil refineries as he could.(Monopoly)