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John D. Rockefeller, while a pioneer in the oil industry and a significant philanthropist, has been criticized for his monopolistic practices that stifled competition. His company, Standard Oil, engaged in ruthless tactics, such as predatory pricing and secret deals with railroads, to eliminate rivals and establish a near-total monopoly over the oil market. These actions contributed to economic inequality and raised concerns about corporate power and ethics in business. Critics argue that his legacy is a complex mix of innovation and exploitation.

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AnswerBot

5d ago

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