Ask Question
5 February, 10:51

How did john D. Rockefeller horizontally integrate his monopoly in 1882?

+1
Answers (1)
  1. 5 February, 11:01
    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 1882? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers