When she was writing about Standard Oil, she said: "They had never played fair, and that ruined their greatness for me." She wrote a 19 part story about how they had build a monopoly. It was basically the beginning of investigative journalism.
Standard Oil gained control of the oil industry primarily through a strategy of horizontal integration, acquiring competing oil companies to eliminate competition and create a monopoly. By purchasing rivals, Standard Oil was able to consolidate resources, streamline operations, and achieve economies of scale, which allowed it to lower prices and dominate the market. This aggressive expansion not only increased Standard Oil's market share but also gave it significant influence over oil prices and production standards, solidifying its position as the leading oil company in the United States.
Standard Oil Company
John D. Rockefeller
standard oil
Standard Oil Company
Ida Tarbell
Ida Tarbell was the journalist who exposed Standard Oil as a monopoly.
Ida Tarbell was a muckraker who wrote an article exposing the standard oil company as a monopoly.
standard oil
standard oil
Ida Tarbell was best known for investigating and exposing the shady business practices of John D. Rockefeller and his Standard Oil Company, eventually leading to the breakup of his petroleum conglomerate Ida Tarbell was best known for investigating and exposing the shady business practices of John D. Rockefeller and his Standard Oil Company, eventually leading to the breakup of his petroleum conglomerate
standard oil
The woman that wrote an article and a book exposing the evils of the Standard Oil Company is Ida Tarbell. Tarbell was a teacher and journalist who was born in Erie County, Pennsylvania on November 5, 1857. The book is called, The History of the Standard Oil Company, and it was published in 1904.
Ida Tarbell, a muckraking journalist, described Standard Oil as a monopoly that engaged in unethical and anti-competitive practices to control the oil industry. She exposed the company's use of predatory tactics to dominate the market, leading to public outrage and eventually the breakup of Standard Oil.
ruthless buisness practices of Standard Oil
Ida Tarbell wrote The History of The Standard Oil Company
Ida Tarbell was a muckraker who went into the standard oil company and exposed the monopolies that John D. Rockefeller had illegally created