Ask Question
28 April, 00:55

How did John D. Rockefeller horizontally integrate his monopoly in 1800?

+1
Answers (1)
  1. 28 April, 04:02
    0
    Rockefeller used the size of his company Standard Oil to negotiate preferential rates with railroad companies to transfer his oil in the refinement process. By gaining the upper hand in transportation costs, he was able to horizontally integrate his competitors into his firm working to establish a monopoly in the American oil industry.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How did John D. Rockefeller horizontally integrate his monopoly in 1800? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers