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Setting the Standard: Horizontal & Vertical Integration

You may hear the terms horizontal and vertical integration tossed around in business (Businesspeople love fancy strategy terms). Learn how Standard Oil used integration to become a monopoly and how one might benefit from integration today. 

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PostedJanuary 9, 2015
AuthorIsabel Munson
Categories30-60, Economics Explained
Tagseconomies of scale, standard oil, vertical integration, horizontal integration
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© Isabel Munson 2014