History

6 December, 15:23

A trust, as developed by John D. Rockefeller and facilitated by J. P. Morgan, can best be described as

A) A legal formalization of vertical integration within a market

B) A legal combination of firms managed as a single monopoly or near-monopoly

C) A legal collusion of a small group of separate firms that control prices

D) A legal form by which new corporations are created to increase competition

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