heatherhiday12 heatherhiday12

19-11-2020
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. Why was J.P. Morgan able to control his competition?

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pareshc22 pareshc22

19-11-2020

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.

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