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Standard Oil Part I
Acquired
Counterpositioning Scale Economy, Switching Costs, Network Economy, Branding and Cornered Resource
Standard oil exerted every single power in its first 20, 25 years of existence. The domineering one enabled them to do everything that they did with scale economies and switching costs. But i don't think there was any reason why they couldn't have sot up refining b as in other locations.
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