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

Which one is incorrect? a Cellular Respiration starts with glycolysis b Glycolysis breaks down glucose into 36 ATP c Anaerobic Respiration does NOT require
According to the given information, quadrilateral RECT is a rectangle. By the definition of a rectangle, all four angles measure 90°. Segment ER is parallel to
Todo lo que we encuentra en Puerto Rico
One reason the colonists had difficulty coming together to revolt against Britain is because they
Which of the following led to the creation of the land lottery in Georgia? A.) Battle of Kettle Creek B.) invention of the cotton gin C.) Treaty of Paris 178
Compare and contrast lyrical poems and sonnets.
How do I make my friend feel better over a 'fake' relationship?
Please help me with this
how did geography of Texas change as ta result of compromise 1850
Jesuits combined Catholic beliefs with _______________ beliefs. a. Calvanist c. Lutheran b. Humanist d. Huguenot