Chapter 9. Fighting Over Railroad Regulation
Barred from rate associations after 1897, the railroads formed communities of interest by buying their competitors’ stock—cartels in a disguised form.
Banking, Economy & Business
Barred from rate associations after 1897, the railroads formed communities of interest by buying their competitors’ stock—cartels in a disguised form.
Sales at U.S. retailers surged in August and posted the biggest increase in five months, offering another piece of evidence suggesting the economy sped up toward the end of summer.
Patrick Newman traces the Federal Trade Commission’s cartelizing arc: “advance advice,” uniform cost accounting, a brief Wilson reversal, Harding-Coolidge recapture, and Hoover’s subsidies and patent ...
Axon Enterprise (AXON) failed to bounce early Wednesday, a day after being among the biggest S&P 500 losers on Tuesday, as investors reacted negatively to its plan to issue $1 billion in 0% convertibl...