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How did Rockefeller and the Standard Oil Company get around laws that forbade companies in one state from underselling or doing business in other states? They developed the idea…
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How did Rockefeller and the Standard Oil Company get around laws that forbade companies in one state from underselling or doing business in other states? They developed the idea…
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Jul 9, 2021
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How did Rockefeller and the Standard Oil Company get around laws that forbade companies in one state from underselling or doing business in other states? They developed the idea of creating trusts. They decided to monopolize the oil business. They bribed congressmen to change the laws. They ignored the laws since they were not enforceable.
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Since he had so much money, he would underbid other companies.
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