how did john d. rockefeller affect competition in the oil - refining business?\nhis company controlled…
how did john d. rockefeller affect competition in the oil - refining business?\nhis company controlled almost all us oil refining.\nhe worked to increase competition among oil refiners.\nhe helped to establish the federal trade commission.\nhis company pioneered ways to protect free trade.
Answer
Brief Explanations:
John D. Rockefeller's Standard Oil Company used various tactics like horizontal integration to gain a near - monopoly in the US oil - refining business, controlling almost all of it. He did not work to increase competition, nor was he directly involved in establishing the Federal Trade Commission or pioneering ways to protect free trade in the context of his oil - refining business operations.
Answer:
His company controlled almost all US oil refining.