The history of the standard Oil organization, at first a serial that ran in McClure's, is one of the most thorough money owed of the upward thrust of a business monopoly and its use of unfair practices; her reporting contributed to the following breakup of widespread Oil, which turned into found to be in violation of the Sherman Antitrust.
This political cartoon drawn all through the Gilded Age depicts widespread Oil as an octopus that makes use of unscrupulous commercial enterprise strategies to position the opposition out of business. It was taken into consideration to be a monopoly that harmed many small oil businesses and ruled the oil industry for decades.
Rockefeller testified that general Oil executed its function due to the fact its mixture of cooperating businesses changed into extra efficient and produced a better product than its competitors.
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