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18min chapter
John D Rockefeller
How to Take Over the World
The Rise and Fall of Standard Oil
This chapter explores the strategic maneuvers of Standard Oil in dominating the oil industry, including its control over competitors like Tidewater through pricing agreements. It delves into how Standard Oil achieved near monopoly status through aggressive vertical integration and acquisitions of low-quality oil fields. The chapter also covers Rockefeller's meticulous leadership style, philanthropy efforts, legal battles, and eventual retirement from the oil giant.
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