John D. Rockefeller was the founder of Standard Oil Company in 1870, which dominated the oil business in the United States and held a near-monopoly (at times controlling over 90% of the US oil market). His business practices, which were considered ruthless (e.g. negotiating preferential transport rates with railways to eliminate competitors), earned him the reputation of a
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John D. Rockefeller was the founder of Standard Oil Company in 1870, which dominated the oil business in the United States and held a near-monopoly (at times controlling over 90% of the US oil market). His business practices, which were considered ruthless (e.g. negotiating preferential transport rates with railways to eliminate competitors), earned him the reputation of a
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