The Trust Problem by Edward Dana Durand - Bookswagon
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The Trust Problem

The Trust Problem


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About the Book

Excerpt from The Trust Problem In these lectures, we shall confine ourselves to the consideration of trusts and pools, without attempting to cover the whole field of monopoly or of contracts in restraint of trade. The term trust will be used to describe the closelyknit combination or consolidation. The most familiar forms are three: first, the combination through the holding of stock by trustees, once so common, but now disused; second, the holding corporation; and, third, the corporate merger, in which a single company acquires direct title to the property of the combining concerns. Most people use the term trust essentially to cover combinations of these three classes, altho sometimes it is applied to any kind of combination or any case of supposed monopoly. Under the trust, the entire business of the combining plants, including productive processes as well as marketing policy, is subject to a single control. On the other hand, we shall use the term pool to designate any combination of previously competing plants which retain their independence with respect to the processes of production. Strictly speaking, the word pool implies division of output or of profits among the constituent concerns. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses stateoftheart technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text refers to the Paperback edition.


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Product Details
  • ISBN-13: 9780674336797
  • Publisher: Harvard University Press
  • Publisher Imprint: Harvard University Press
  • Height: 203 mm
  • No of Pages: 148
  • Spine Width: 10 mm
  • Width: 127 mm
  • ISBN-10: 0674336798
  • Publisher Date: 13 Apr 2014
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Weight: 322 gr


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