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John D Rockefeller controlled almost 90 of oil refineries in US He pursued several successful and dishonest plans to accumulate capital He would secretly buy up or create new oil related companies such as engineering and pipeline firms Rockefeller secretly controlled the firms and gave Standard Oil there were hidden rebates He also secretly planned to buy up a competing oil company The most secret deal by Rockfeller was with the railroads The deals where those refineries and oil traders not happy with standards would find that railroads would refuse point blanc to move their oil whatever the price was The most really important cost was the transportation of the oil Rockefeller secret railroad debates on the transportation of his oil made competitors wonder how he kept pump prices so low The Standard Oil was growing at a high rate Rockefeller misused power and crushed other company competition Standard Oil Violated social justice in its monopolistic deals with railroads Rockefeller and his partners formed a first corporate trust Standard Oil Trust to merge many oil businesses through out the United States into one company He controlled 90 of oil refineries in country Standard Oil company was criticized for monopolizing the industry The Supreme Court ruled that the Standard Oil had continued to act as a monopoly The Courts antitrust ruling made all Standard Oil companies to become independent businesses Rockefeller made an estimated 1 billion dollars 80 of it was given to charity organizationsBill Gatess actions are very similar to Rockefellers Microsoft tactics are the same as the Standard Oil tactics Microsoft doesnt allow competition for other companies such as IBM and Macintosh When Apple made a successful operating system Microsoft tried to follow it by creating Windows Windows became a great success IBM clones dominated the market along with MS-DOS built by Gates MS-DOS became successful large organizations like standardization and they like to save money Buying cheap clones and getting a single operating
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