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vertical integration

1 thinkers, books, and ideas connected to this field.

Thinker

John D. Rockefeller Sr.

American oil magnate who founded Standard Oil in 1870 — controlling 90% of US oil refining by 1880 — through relentless price cutting, secret railroad rebates, and the absorption of competitors, before being broken up by the Supreme Court in 1911.

philanthropyoilstandard oilvertical integrationmonopoly
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