Why did John D. Rockefeller reject competition among oil companies?
A) He believed that consolidation, not competition, created stronger companies.
B) He did not want to be forced to lower his prices to consumers.
C) He felt that other oil companies were inferior to his company.
D) He believed that competition would only weaken his own company.
E) He felt that his company needed to develop before it could compete with others.
Correct Answer:
Verified
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