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1904 depiction of an acquisitive and manipulative Standard Oil (founded by John D. Rockefeller) as an all-powerful octopus. Robber baron is a term first applied as social criticism by 19th century muckrakers and others to certain wealthy, powerful, and unethical 19th-century American businessmen.
These entities were sometimes awarded legal monopoly in designated regions of the world, such as the British East India Company. Furthermore, the context of the quote points to the complications inherent in chartered joint-stock companies. Each company had a Courts of Governors and day-to-day duties were overseen by local managers.
Some large U.S. corporations have used a strategy called tax inversion to change their headquarters to a non-U.S. country to reduce their tax liability. About 46 companies have reincorporated in low-tax countries since 1982, including 15 since 2012. Six more also planned to do so in 2015. [32]
The article delved deeply into Amazon's anti-competitive strategies, which consisted chiefly in undercutting competitors' prices and consequently taking losses; the company's expectation that this ...
De Beers is one of the most controversial companies among the biggest monopolies of all time, which is saying something. The company is 133 years old and has operations in 35 countries regarding ...
However, given the restrictive nature of state corporation laws, many companies preferred to seek a special legislative act for incorporation to attain privileges or monopolies, even until the late nineteenth century. In 1819, the U.S. Supreme Court granted corporations rights they had not previously recognized in Trustees of Dartmouth College v.
"A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly under-stocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in ...
The corporation could insure homes valued at up to $1.5 million, instead of the current $1 million, and annual rate increases in those counties would be capped at 10%. SB 802 / HB 655 ...