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Standard Oil dominated the oil industry. Rockefeller influenced other industries, such as the railroad, to subside to his demands. The company "created change and influence[d] the actions of other entities in society," (Steiner, 55). This illustrates the dominance theory. Rockefeller had advantages over competitors through the discounts, rebates, misrouted shipments, etc. Standard Oil was the most dominant company in the industry. Other companies were forced to sell or go bankrupt. Standard Oil attempted to eliminate competition by threatening smaller companies with the size and wealth of Standard Oil...
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