asked 170k views
5 votes
What made Standard Oil a horizontal integration monopoly?

2 Answers

4 votes

Answer:

Step-by-step explanation:

They controlled over everything that was related to oil extraction, refinement, production, transportation, sales, and could therefore dictate the prices and sales since they had no opposition.

answered
User Chris Hinkle
by
8.2k points
0 votes
They controlled over everything that was related to oil extraction, refinement, production, transportation, sales, and could therefore dictate the prices and sales since they had no opposition.
answered
User Andsilver
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.