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

What do the words dissent, persecute, and tolerance have in common
did the columbian exchange bring more changes to the Americas or to Europe
Jamar is doing research on the life and death of Tutankhamen for a student paper. What would be the best choice as a source for information? a museum exhibit ab
Which country is dealing with an independence movement totally based upon language?
Please answer the following question in English. Why does Hispanic Heritage Month start on September 15th? Why do we have this celebration in the United States?
What two facts can you double to find 8x4?
AB←→ and CD←→ are parallel. If EF = a units, what is the measure of GH¯¯¯¯¯?
52 rachelmramirez How did conditions in Germany after World War I set the stage for Hitler's rise to power? Germany was left humiliated, and Hitler promised to
triple the sum of 45 and 55
add or subtract mentally 16.9+ 12.1