What American business had a monopoly on the fur trade in the Far West?

A. Cornelius Vanderbilt

B. Nicholas Biddle

C. John Jacob Astor

D. Andrew Carnegie

C. John Jacob Astor.

The American business that had a monopoly on the fur trade in the far west was founded by John Jacob Astor.

The business was called American Fur Company. Since it was founded, the company grew to monopolize the fur trade in the United States by 1830. It became one of the largest and wealthiest businesses in the United States.