When business controls other companies that contribute that industry?

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1033493

2026-05-05 21:10

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Called vertical integration

Ford Motor company once claimed it owned all aspects of its production and thus was able to sell its cars much cheaper than its competition.

This was untrue but as they owned the iron mine, the ship that carried the iron, the smelters that made the iron and steel, the production plant that made the car and so on it was almost true.

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