5 Most Famous Monopolies Of All Time

4. American Tobacco Company

The American Tobacco Company was established in 1890, and started to grow massively in just a few years, mainly by acquiring its competition, which includes its biggest competitor in Lucky Strike. After it acquired more than 200 other companies, anti trust action against the company began in 1907, just 17 years after the founding of the company and ended in 1911, resulting in the breakup of the massive group. Currently, two of the biggest companies in the cigarette industry are British American Tobacco and Phillip Morris International (NYSE:PM), though neither are close to being as big as American Tobacco was in its heyday.

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