4 ms·

https://en.wikipedia.org/wiki/Standard_Oil https://en.wikipedia.org/wiki/Standard_Oil

• Joeri 8y ago
  Fascinating about that history is how splitting up standard oil was lucrative for rockefeller, as the combined income of the smaller companies was larger than of the single monopolist. If more of these acquisitions occurred as mere ownership of competing entities instead of trying to roll them all into a single business the overall profit for the shareholders would probably be higher, since the competitors would capture more of the potential market.