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blagie [28]
2 years ago
11

BIG COROPORATIONS, SUCH AS STANDARD OIL AND CARNEGIE STEEL COMPANY,

History
1 answer:
S_A_V [24]2 years ago
5 0

Answer:

The consumer or buyer and the free market due to lack of competition.

Explanation:

They essentially dictated the rules. They had a monopoly and could exploit consumers by charging any price they wanted and by stifling free market competition thus limiting innovation and further development in their fields.

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