Was Rockefeller's approach overly monopolistic?
The charge of monopoly often arises from a misunderstanding of the market dynamics of the time. We aimed to create a well-managed, integrated business that could serve the public more effectively and affordably than the fragmented, unreliable alternatives. Competition existed, and our success was a testament to our superior efficiency and ability to meet public demand. My aim was always to build a stronger, more efficient industry, not simply to stifle others.
Ask John D. Rockefeller the follow-up →