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tester [92]
3 years ago
9

. Why was J.P. Morgan able to control his competition?

History
2 answers:
Lisa [10]3 years ago
8 0
He had a monopoly and bought out competition
Anettt [7]3 years ago
4 0

Answer:  

Because he wanted to devote his whole time to philanthropic activities. J.P. Morgan was Carnegie's biggest competitor and offered to buy him out. ... He owned three-fifths of all steel industry in the U.S.

Explanation:

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