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In 1870, John D. Rockefeller organized the Standard Oil Company of Ohio. Why did Rockefeller try to gain ownership of stock in other oil companies?

In 1870, John D. Rockefeller organized the Standard Oil Company of Ohio. Why did Rockefeller try to gain ownership of stock in other oil companies?
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In 1870, John D. Rockefeller organized the Standard Oil Company of Ohio. Why did Rockefeller try to gain ownership of stock in other oil companies?

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User Nikolaos
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11 votes
the guy above me is right was gonna say the same thing as him
answered
User ELRuLL
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7.7k points
8 votes
So he could monopolize the oil industry and become the most powerful and richest person in the area of trade.
answered
User Rkw
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