faun2018 faun2018
  • 07-07-2017
  • History
contestada

Why was Carnegie steel considered a vertical monopoly?

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cutelion918
cutelion918 cutelion918
  • 07-07-2017
.The company became the only source of steel after competitors went out of business. 
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shrimpfighter1 shrimpfighter1
  • 31-01-2020

Answer:

The company became the only source of steel after competitors went out of business.

Explanation:

QA vertical monopoly has complete control over their whole company therefore due to Carnegie's steel industry having total dominance over their industry's aspects it was a vertical monopoly.

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