2min chapter

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Antitrust in America (classic)

Planet Money

CHAPTER

Rockefeller's Manipulation of Oil Prices and the Antitrust Lawsuit

Learn about how Rockefeller used his power in the oil industry to manipulate prices through the acquisition of pipeline companies. Discover how Ida Tarbell's stories exposed Rockefeller's tactics, leading to a federal antitrust lawsuit against the standard oil company and eventually the demise of standard oil.

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