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My understanding is Standard Oil provided good service for low prices in most cases. It's not always the case that monopolies provide super expensive or bad ser
by modeless 2y ago
My understanding is Standard Oil provided good service for low prices in most cases. It's not always the case that monopolies provide super expensive or bad service.
- MichaelZuo 2y agoYes, hence why it lasted for over a decade even with >>50% of the market in many jurisdictions.