Many laws enacted today by well-intentioned politicians end up skewing the free market and preventing triumphs like these.
Small businesses need the free market to be able to upend the status quo and deliver more value to consumers.
Rules and regulations are often created to maintain the status quo.
Eg. current anti-dumping laws would have prevented Dow from taking advantage of their competitor's attempts to manipulate the market.
Die Deutsche Bromkonvention would have been blocked from entering the US market and Dow would have been blocked from entering the current "EU" market.