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Comment by WalterBright

> horrific business practices

I recommend that you read "Titan" by Chernow. Rockefeller is mostly guilty simply of being very rich. During his career, he caused the price of kerosene to drop 70%, and stay down. This was good for the expanding country.

During the anti-trust trial, Rockefeller was steadily losing market share to nimbler, aggressive competitors. There was no need for the government to break it up, it was coming apart anyway.

All businesses rise and fall over time. The popular narrative that, unchecked by government, a business will eventually rise to absorb everything is not borne out by practice.

parent WalterBright 10 years ago

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