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Standard Oil Part I
Acquired
Survival Strategy in a Tough Market
In a competitive and unstable market with fluctuating oil prices and challenges like inflation and deflation, struggling companies are being approached by powerhouse players like Flagler and Rockefeller who offer them a choice: either face likely bankruptcy or join forces by selling their operations. These companies are lured with promises of profit and security through shares in Standard Oil. This strategic move aims to consolidate power and resources for all involved, following a ruthless yet alluring business model as famously revealed by investigative reporter Ida Tarbell.
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