Search results
Results from the WOW.Com Content Network
The Justice Department and FTC lost most of the monopolization cases they brought under section 2 of the Sherman Act during this era. One of the government's few anti-monopoly victories was United States v. AT&T, which led to the breakup of Bell Telephone and its monopoly on U.S. telephone service in 1982. [30]
Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
Joskow, Paul L. "Regulation of natural monopoly." Handbook of law and economics 2 (2007): 1227-1348. online; Mueller, M. Universal service: Competition, interconnection, and monopoly in the making of the American telephone system (MIT Press, 1997) online. Noam, Eli N. "The Fall of the Bell System: A Study in Prices and Politics." (1989): 1716-1717.
On this day in economic and financial history... On Feb. 6, 1924, Chevron first joined the Dow Jones Industrial Average . Chevron was then known as Standard Oil of California, and its accession to ...
the possession of monopoly power in the relevant market; and the willful acquisition or maintenance of that power as distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident.
11. Thurn and Taxis Mail. The private company operated postal service back in the 1800s and enjoyed a monopoly on postal services. The company's dominance came to an end after Prussian victory ...
WASHINGTON (Reuters) -A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, the ...
In urban areas, North and South, the size and income of the black population was growing, providing openings for a wide range of businesses, from barbershops [64] to insurance companies. [65] [66] Undertakers had a special niche, and often played a political role. [67] Historian Juliet Walker calls 1900-1930 the "Golden age of black business."