Answer:
Vertical integration refers to the purchase of companies in every level of production to control the industry and its prices.
Horizontal integration meant purchasing competitors´ companies to combine them into a monopolistic organization.
Explanation:
During the Gilded Era, industrial conglomerates grew through unethical monopolistic business tactics. People like John D. Rockefeller, Henry Ford, and Cornelius Vanderbilt became known as the Robber barons because they would benefit from elevated prices thanks to having purposely monopolized the production of certain goods through either horizontal or vertical integration.
