How did Rockefeller monopolize the oil refining business?
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In 1863 John D. Rockefeller joined Maurice B. Clark and Samuel Andrews in a oil-refining business based in Cleveland, Ohio. read more
John D. Rockefeller was able to monopolize the oil industry in the 19th century by buying out smaller companies and working with the railroad companies to put his competitors at a disadvantage. At one point, Rockefeller controlled 90 percent of the United States oil industry. read more
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Further Research
J.D. (John) Rockefeller: From Oil Baron To Billionaire
www.investopedia.com
John D. Rockefeller
www.history.com
The Epic Rise of John D. Rockefeller
thehustle.co
