Between 1895 and 1904 a great wave of mergers swept through the manufacturing sector of the United States' economy. This book explores the causes of the mergers, arguing that there was nothing natural or inevitable about turn-of-the-century combinations. Despite this conclusion, the author does not accept the view that they were necessarily a threat to competition. She shows that most of these consolidations were less efficient that the new rivals that appeared almost immediately, and they quickly lost their positions of ...
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Between 1895 and 1904 a great wave of mergers swept through the manufacturing sector of the United States' economy. This book explores the causes of the mergers, arguing that there was nothing natural or inevitable about turn-of-the-century combinations. Despite this conclusion, the author does not accept the view that they were necessarily a threat to competition. She shows that most of these consolidations were less efficient that the new rivals that appeared almost immediately, and they quickly lost their positions of market dominance. More over, in most of those few cases where consolidations proved to be more efficient, the nation was better off for their formation. Some exceptions occurred, however, and in these instances anti-trust policy should have had a significant role to play. Unfortunately, the peculiar division of power and authority that characterizes the Federal system of government prevented an effective policy from emerging. Ironically, anti-trust policy proved much more effective against small firms in relatively competitive industries than large firms in oligopolistic ones.
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Add this copy of The Great Merger Movement in American Business, 1895 to cart. $20.87, good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Austell, GA, UNITED STATES, published 1985 by Cambridge University Press.
Add this copy of The Great Merger Movement in American Business, 1895 to cart. $22.50, good condition, Sold by Second Story Books rated 4.0 out of 5 stars, ships from Rockville, MD, UNITED STATES, published 1985 by Cambridge University Press.
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Book. Octavo, xii, 208 pages. In Good plus condition. Bound in the publisher's red cloth bearing gilt lettering to black bar to a sunned spine. Boards have slight wear exteriorly and light wear to the edges. Mild tilt to the spine. Text block has slight age toning to the edges. Previous owner's bookplate to the front pastedown. Slight stamped text to the title page. Slight offsetting to the end papers. Illustrated. First edition. NOTE: Shelved in Netdesk Column K, ND-K. 1381331. FP New Rockville Stock.
Add this copy of The Great Merger Movement in American Business, 1895? to cart. $79.70, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Hialeah, FL, UNITED STATES, published 1985 by Cambridge University Press.
