what was the core business that made standard oil a horizontally integrated monopoly?

butterfly, insect, animal @ Pixabay

What was the core business that made standard oil a horizontally integrated monopoly? That’s a good question. Oil companies had the ability to make profits by selling and distributing oil to everyone on the planet. This required them to get government permission to do so, and get government approval to get the oil into those markets. They did this because the market was huge and because they had a monopoly on the market.

What was the core business that made standard oil a horizontally integrated monopoly? That’s a good question. Oil companies had the ability to make profits by selling and distributing oil to everyone on the planet. This required them to get government permission to do so, and get government approval to get the oil into those markets. They did this because the market was huge and because they had a monopoly on the market.This meant that oil companies had the ability to sell and distribute oil to everyone on the planet. To do this they needed governments permission to sell and distribute oil. So they needed a government approved infrastructure to do this.

What was the core business that made standard oil a horizontally integrated monopoly? That’s a good question. Oil companies had the ability to make profits by selling and distributing oil to everyone on the planet. This required them to get government permission to do so, and get government approval to get the oil into those markets. They did this because the market was huge and because they had a monopoly on the market.This meant that oil companies had the ability to sell and distribute oil to everyone on the planet. To do this they needed governments permission to sell and distribute oil. So they needed a government approved infrastructure to do this.This was the core business that made Standard Oil a horizontally integrated monopoly. The company also ran the government approved infrastructure and managed the government approved oil supply. This was because Standard Oil had the ability to sell oil to everyone on the planet and because of this they could sell oil to everyone on the planet and be run by a government approved monopoly.

What was the core business that made standard oil a horizontally integrated monopoly? That’s a good question. Oil companies had the ability to make profits by selling and distributing oil to everyone on the planet. This required them to get government permission to do so, and get government approval to get the oil into those markets. They did this because the market was huge and because they had a monopoly on the market.This meant that oil companies had the ability to sell and distribute oil to everyone on the planet. To do this they needed governments permission to sell and distribute oil. So they needed a government approved infrastructure to do this.This was the core business that made Standard Oil a horizontally integrated monopoly. The company also ran the government approved infrastructure and managed the government approved oil supply. This was because Standard Oil had the ability to sell oil to everyone on the planet and because of this they could sell oil to everyone on the planet and be run by a government approved monopoly.This is a very complicated area, but if you want to know more, check out the Wikipedia page on Standard Oil. When you read the Wikipedia page you can get a general sense of the history of oil and also about Standard Oil and how it made their monopoly.

Published
Categorized as blog

Leave a comment

Your email address will not be published. Required fields are marked *