He estimated that true competition prevailed in fewer
Citations (1)
- Titan: The Life of John D. Rockefeller, Sr. whole source · open book
He estimated that true competition prevailed in fewer than 10 percent of all petroleum markets and noted that kerosene prices had risen unreasonably from 1895 (when Archbold took charge) to 1906, creating widespread consumer discontent.
chapter: CHAPTER 27 - Judgment Day