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by edj 4478 days ago
This is one of the older stories in business.

Right. This strategy can be traced back at least as far as Andrew Carnegie in the 19th Century.[1]

1: https://en.wikipedia.org/wiki/Vertically_integrated

1 comments

I think my favorite example is Ford investing in rubber plantations.
Interesting factoid.
I looked it up later to see how correct my memory was and the thing I didn't recall was that it was a massive failure.