Predatory-Pricing

Cleveland Massacre - Rockefeller Consolidates Oil Refining Monopoly in Six Weeks

| Importance: 9/10

Between February 17 and March 28, 1872, in what became known as the ‘Cleveland Massacre,’ John D. Rockefeller and Standard Oil acquired 22 of the 26 competing oil refineries in Cleveland, Ohio—a brutal six-week consolidation campaign that established the template for monopolistic …

John D. Rockefeller Standard Oil Company Henry Flagler South Improvement Company corporate-power monopoly gilded-age predatory-pricing market-manipulation
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