shortty6116 shortty6116
  • 01-09-2017
  • Business
contestada

How did horizontal integration enable rockefeller to monopolize the u.s oil industry?

Respuesta :

Kalahira
Kalahira Kalahira
  • 11-09-2017
Rockefeller was able to monopolize the u.s oil industry through horizontal integration by producing and selling the same product to different markets, capturing the vast majority of the market for that product or service. This led to a monopoly because he integrated enough of the production market into his own company that he could destroy competition. The Rockefeller corporation produced its own tank cars, pipelines, and even it's own wooden barrels.
Answer Link

Otras preguntas

HELPPPPPP MEEE PLEASEEEE
the sum of two trinomials is 7x squared - 5x + 4. If one of the trinomials is 3x squared + 2x -1, then what is the other trinomial?​
What is the optimum pH of most enzymes?
Sorry it’s messy, but if someone could help with a Step by Step This has to do with Union and Intersection
Draw an isosceles triangle and mark three midpoints of its sides. Can you guess what type of triangle you got? What can you say about the triangle with vertices
Quadrilateral WXYZ is a rhombus. What is the measure of < XWZ? A) 64 B) 26 C) 52 D) 32
Yukiko treats patients who are pregnant and going through childbirth. Her job title is best described as. Clark works in a hospital, where he responds to patien
Why is black history month important
Which family took over rule of the islamic empire?
why doesnt china want to trade with the Europeans​